Iron Ore Production Not Keeping Up With Steel

[Zenither6]

Reuters said first-half figures showed higher year-on-year production in all regions with the exception of Africa, where a 16.9-percent slide reflects the economic tailwinds following months of political turmoil across North Africa.
Rather than Chinese buyers reducing purchases in the face of high prices, this was more a case of supply-side hits limiting exports from key origin countries.
National iron ore production jumped by 22.0 percent year-on-year in January-June as smaller operators capitalised on strong prices.
Researchers at Macquarie Bank estimate that global volumes of seaborne iron ore contracted by 1.5 percent in the first half of this year relative to the prior six months.
Feeding Chinese steel mills with iron ore is proving to be no easy task, however. While analysts predict a surge of supply into the iron ore market by 2015-16, the current situation has the market struggling to meet demand. Says Reuters:
That should be good news for iron ore giants like Vale and Fortescue, except that the supply of iron ore is having a tough time keeping up with the demand for the crucial steel-making ingredient.
According to Reuters, the growth in supply at this point in the year is somewhat surprising, since third quarter demand for steel normally slows during the northern hemisphere's summer. The explanation is found Raymond Mill Machine in China, which hit an annualized record high of 720 million tonnes in June, based in part on Beijing's social housing construction program.
SBM purchasing Germany advanced new rotor again to break the MFA industry, has successfully developed 5X series efficient sand making machine, the rotor is open type, fixed plate embedded in the grooves in the back of it. Against plates can be inserted from the side or above the fixed plate, fixed with wedge. Against the integration of the s-type combat advantages of Board and Q-strike plate, you can tune the first use, increase the utilization ratio. In order to enhance the mobility of Crusher has also developed a rubber-tyred and crawler-type mobile crushing plant, one of wheel-type crusher is more popular in America and tracked relatively popular in Europe. Nowadays, with the development of infrastructure, coal ash slag, slag, slag, construction waste heaps that SBM sand making machine is now widely used in the processing of fly ash-slag, slag, slag, building waste processing, its treasure, and provides a way to use scrap, blast furnace slag and fly ash slag building waste. With the development of technology, SBM Crusher as a professional manufacturer, introduced ZYC series high efficiency and SBM cone Crusher cone crusher, large Jaw Crusher double roll crusher is widely used in the State's key Highway and railway projects, is favored by the majority of users and.
While Chinese steel production rose by 11.9 percent in the first half of this year, imports of iron ore rose by just 8.2 percent.
The Sand Making Machine Machine world's steel mills are churning out crude steel at a rapid pace, say the latest numbers from the World Steel Association.
About SBM mobile crusher in the use of urban construction rubbish waste disposal market, SBM sales manager with confidence: we use for special construction waste Crusher patent technology, continuous product design legacy, crushing and screening level, leader! "All the recycled aggregate!" " This guy can't eat so much construction waste! " Standing in the SBM-mobile construction waste crushing plant fat, visit the people praise. SBM Crusher machine popular with urban construction rubbish waste management markets in Guangdong village in the reloSBMion site, SBM developed new urban construction waste processing equipment--YPC200-mobile construction garbage crushing plant, construction waste processing jobs are in process. According to the site manager, this two Raymond Mill Machine building waste processing equipment capable of processing more than 3,000 tons of construction waste every day, YPC200 crushing-screening station can achieve medium crushing and fine crushing of concrete construction waste, blend of high production, feeding, compact structure, and many other features. YPC series mobile crushing plant equipped with the most popular PJ series among urban construction waste disposal market special crushers for construction waste. Features: in addition to first-class quality, the best product grain shape and low abrasion loss, but also has a higher yield and reliability.
The problems can be attributed to rain and flooding in Brazil and Australia in the first quarter, as well as the ban on iron ore exports from India's Karnataka state, China's third biggest supplier of iron ore. To meet the shortfall, China is turning to smaller iron ore producers like Canada and Russia, whose exports to China have surged in H1 2015, and to itself, according to Reuters: