2007 The Chinese steel market index hit record highs more : crude steel production , market prices, prices, exports , sea freight prices , etc., so many new high rare in history . Meanwhile the "cost " also appears to become higher frequency vocabulary in 2007 , because this year, the sharp rise in prices of raw materials such as iron ore and coke prices, pushing the steel market prices continue to rise upward.
2008 iron ore negotiations have begun , according to industry analysts will continue to increase , and rose from 10% originally forecast has been revised upwards by 30% , iron ore prices continue to rise next year for the steel market prices will have any effect on it? In order to change our country in the iron ore negotiations disadvantaged situation , the NDRC said recently : iron and steel enterprises are encouraged to unite the country , to carry out international cooperation in mining , in a variety of ways to obtain foreign mineral resources. At present, there are more units , such as steel companies and trade Angang Steel , etc. to actively participate in the search for mineral resources overseas .
Mentioned iron ore, iron ore in India would say that . The number of China's iron ore imports from India is also a significant increase in this year , and due to rising sea freight prices, led to the Indian spot ore prices continued to rise , even making three ore suppliers had to change the way of thinking agreement ore pricing .
So what factors led to the 2007 highs to produce these data ? So many indicators are at a high level , next year 's market , how to run it? In 2008, China imported iron ore demand for what?
20-21 in December 2007 , China United Steel Net held in Beijing , " China's steel industry chain Fifth Strategic Development and Investment Summit", the China Iron and Steel Industry Association, former vice minister of the Ministry of Metallurgical consultant Wu Xichun will be entitled " China 's steel industry development trend analysis of 2007 and 2008 market Outlook "report , China Iron and Steel industry Association executive vice president and secretary general Luo reported as " 2008 China's iron ore supply and demand analysis . "