Iron ore skyrocketed and continues to increase inflationary pressure in China
Dutch Wire Mesh,Dutch Weave,Dutch Mesh,Plain Dutch Weave Wire Mesh ANPING HANKE FILTER TECHNOLOGY CO , https://www.metfilters.comAfter the further price increase of ore, the cost per ton of steel increased by 123 yuan, and companies can only increase prices. "A number of analysts pointed out that the rise in iron ore and coke prices caused by the rise in the cost of steel companies has greatly increased the cost of domestic steel companies. Steel producers will further increase the ex-factory price. After steel prices rise, it will affect the shipbuilding industry and engineering. The machinery industry and home appliance industry will have more far-reaching impacts and will further push up the CPI and increase the risk of inflation.