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IRON ORE COSTS PRICES OF IRON ORE AND STEEL

机译:铁矿石的成本铁矿石和钢的价格

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摘要

The recent history of iron ore prices has been characterised by high price volatility. A graphic illustration of the extent of the price changes experienced in the iron ore market is provided in chart 7. This shows that a significant jump in iron ore prices occurred between 2004 and 2006, at the same time as Chinese crude steel production jumped from 269 million tonnes in 2004 to 422 million tonnes in 2006. The vast increase in demand, along with the creation of a spot market, propelled the price of iron ore to unprecedented levels and increased the margin on sales of the miners to fabulous levels. The chart also shows that in 2010-2013 the price of iron ore has fluctuated much more than the price of steel products.
机译:最近的铁矿石价格历史一直以高价格波动为特征。图7提供了铁矿石市场价格变化幅度的图形说明。这表明,2004年至2006年间,铁矿石价格出现了大幅上涨,与此同时,中国粗钢产量从269升至从2004年的200万吨增加到2006年的4.22亿吨。需求的大量增加,以及现货市场的建立,将铁矿石的价格推到了前所未有的水平,并将矿商的销售利润率提高到了惊人的水平。该图表还显示,2010-2013年,铁矿石价格的波动幅度远大于钢铁产品的波动幅度。

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