The hottest review 2017 outlook 2018 iron ore outl

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Looking back on 2017 and looking forward to 2018 - the prospect of iron ore is still difficult

in 2017, the national supply side reform continued to advance, and the ground bar steel was completely eliminated. A series of major reform measures have had a far-reaching impact on the iron and steel industry. The downstream steel market has been affected by this, rising steadily, and the raw material market has also shown a slight rise. Let's look back on 2017 and look forward to 2018

domestic ore output

as of December 2017, the domestic raw ore output has reached 132.1549 million tons in December, an increase of 1.9% over the same period last year. Due to the recovery of domestic iron ore market price and the continuous rise of downstream steel market price, the demand for iron ore has increased. It can be seen from the table below that compared with the raw ore output of 16 years, the increase in this year's month is the most obvious, with a year-on-year increase, while the raw ore output from November to December decreased compared with that of 16 years. The year-on-year decrease is mainly due to the impact of the 2+26 urban heating season production restriction policy, the operating rate of domestic mines has declined, and the output of iron ore has declined

in addition, South Korea and China have some new downstream production capacity plans to be put into operation this year, which has increased the domestic raw ore production compared with 2016. The main reason is that the domestic ore market price has increased slightly in the first half of the year, the willingness of some mines to resume production has increased, the operating rate of domestic mines has rebounded slightly, the secondary downstream steel market price has continued to pick up, the profit space of downstream steel enterprises has increased, and the crude steel production has also increased year-on-year under the stimulation of high profits, It is bound to drive the increase of iron ore demand


through the data monitoring of the monthly import volume of iron ore, it can be found that the cumulative number of licenses issued from January to December 2017 was 865.4343 million tons, a year-on-year decrease of 35.7%, a year-on-year amount of US $6047 billion, a year-on-year decrease of 21%, and the average import unit price was US $69.38/ton; The number of customs clearance was 40.1833 million tons, a year-on-year decrease of 31.8%, and the amount was US $44.137 billion, a year-on-year decrease of 16.2%

the increase in shipments from Australia to Brazil was less than expected

according to data monitoring, as of December 27, 2017, Australia shipped 798 million tons of iron ore (a total of 52 weeks), an increase of 3.3% year-on-year, with an average weekly shipment of 15.36 million tons. From the preferred data with a frequency of 80 (2) 50Hz and a short test time, it can be seen that although the price of iron ore has rebounded, the increase in Australian shipments is unknown. Using the chemical properties of the latest Ingeo polymer to provide more stable processability for wire rod manufacturing. It is mainly affected by the weather, hurricane weather, mine accidents and other factors, resulting in a significant decline in the output of some high-quality resources

according to the latest data, Brazil's shipment volume was 353 million tons (52 weeks in total), with a year-on-year increase of 5.2%, and the average weekly shipment volume was 6.792 million tons. Due to the domestic economic recovery, some iron ore resources in Brazil have flowed into the country with less increment


the delivery volume of high-quality resources of the four mines will increase significantly, and the output of the four mines is expected to increase by 45million tons. In the domestic mining market, environmental protection supervision will still be a sharp edge, so it is difficult to significantly increase the operating rate of mines, increase the raw ore output, and mostly show a slight downward trend. In terms of downstream demand, the global pig iron output is expected to be 1.175 billion tons in 2018, with a year-on-year growth rate of 0.3%, The corresponding demand for iron ore is 1.88 billion tons, and the supply of iron ore is still in a pattern of oversupply. The average price of iron ore in 2018 is expected to be around $65

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