China metallurgical mining enterprises association executive vice President of LeiPingXi said,The prices of iron ore rise so heavily.first reason:shipping cost rise so much;second reason:RMB Depreciation rate exceeding market expectations jacked up the iron ore futures prices

China metallurgical mining enterprises association executive vice President of LeiPingXi said,The prices of iron ore rise so heavily.first reason:shipping cost rise so much;second reason:RMB Depreciation rate exceeding market expectations jacked up the iron ore futures prices;third reason:Coke prices rise and environmental protection pressure is becoming larger.forth reason:International and domestic mining all supply range is slowing and production expected, boosting prices.steel pipe inquiry kindly contact Email:kary@xinpengmetal.com or add my skype:fengling130724 or whatsapp:+86 13963577154.