China's iron ore reserves are large, but its grade is low, so it is difficult to mine, and the steel production capacity is still high. As a result, China's iron ore is controlled by foreign companies, and more than 80% of its demand depends on imports. A few days ago, customs data showed that 1 1 month before this year, China imported iron ore/kloc-0.07 billion tons, exceeding the total import volume last year. What is the price of iron ore in the case of large-scale import? Turbulent? This is not to be underestimated for iron and steel enterprises in China. Many people in the steel industry say that the sharp rise in iron ore prices will push up the production costs of steel companies and weaken their profitability.

Regarding the recent operation of iron ore market, China Iron and Steel Industry Association organized China Baowu, Shagang, Angang, Shougang, Hegang, Valin Iron and Steel and other iron and steel enterprises to hold an iron ore market forum. Symposium. Participating enterprises believe that the current rise in iron ore prices has deviated from the fundamentals of supply and demand, far exceeding the expectations of steel mills. There are obvious signs of fund speculation. In this regard, the relevant departments have also taken measures. Up to now, according to incomplete statistics, Dalian Commodity Exchange has issued five regulatory measures related to iron ore, including: for implementation? Zero tolerance? Requirements,? Five in one? Supervision. Establish a coordination mechanism for iron ore and other varieties, give full play to the joint efforts of supervision, strictly investigate and deal with market transactions, and severely crack down on illegal activities.

How to protect the strategic reserve of steel industry in the future? Qiu Yuecheng, director of the Black Research Department of Everbright Futures Research Institute, said that China's iron and steel industry should enrich the supply channels of raw materials, encourage and support the investment and production of domestic ores, and change its dependence on imported iron ore in many ways. In the long run, the most important countermeasure for the steel industry is to increase its own protection of iron ore resources, such as increasing strategic investment and developing overseas equity mines. In addition, the production rhythm should be properly controlled, especially in the case of low profit and loss, the use of iron ore should be moderately produced and reduced. In addition, it is necessary to strengthen the ability to analyze and judge the market situation, appropriately increase the scale of iron ore inventory and make strategic reserves when the iron ore price is low.

The arrival of domestic iron ore increased, the output of steel mills decreased, the actual iron ore demand decreased, the port inventory further accumulated, and the price of imported iron ore remained stable after a sharp increase. In the short term, domestic crude steel production will be difficult to increase again, iron ore demand will weaken, foreign iron ore companies will end their impulse in this fiscal year, the transportation increment may be limited, and the possibility of a sharp drop in iron ore market price is small. This trend may follow more changes in the price of finished products.