Port of domestic iron ore up 0.06% month-on-month

China port iron ore inventories (coastal port 25) is 74.318 million tons,Standard ASME ASTM A105 Carbon Steel SO Flanges compared with the previous increase of 50000 tons, up 0.06% month-on-month.

This week, the domestic iron ore market as a whole continue running smoothly, the parts and minerals slightly slightly adjusted, markets wait-and-see stalemate. At present,3D eblow Carbon Steel pipe fittings the domestic iron ore market resources no obvious signs of tension, dressing manufacturers and traders to price stability will remain strong. Part of the mainstream minerals still fewer marketing resources, and more concentrated in the hands of "large" resources, market marketable resources is not much, traders up for grabs. The above situation or supporting role for iron ore market. Next week is expected to domestic iron ore market or a small adjustment, but the market as a whole is still in the consolidation stage.
At present, the iron ore market and steel market linkage is relatively close, after entering in September,Carbon Steel butt-welding equal tee the steel market is not rally to celebrate the "golden nine silver ten", but the movements of a small decline in some steel variety, markets expected peak season for signs of failed late traders look weak steel market mentality is aggravating, together with the "buy or not to buy up" under the psychological effect of steel market is difficult to breakthrough the bottleneck,10 inch thick wall galvanized seamless carbon steel pipe sch160 demand and steel parts varieties and even a small decline in. This kind of situation will inevitably adverse influence on the formation of iron ore, lead to a small decline in iron ore market. Next week is expected to domestic iron ore market, or a slight concussion downward trend now.