The iron ore price in Chinese market has risen to its daily limit, along with other ferrous metals. Citibank predicts that the iron ore price will rise by 40% this year.
Do you know Factory Standard Galvanized steel and prepainted steel?Factory standard GI was 40gram many years ago, Factory Standard GI is 30-35gram now.Chinese Factory Standard PPGI basic metal zinc coating is 13-17g, most thin zinc coating come from Shandong boxing.
On January 25th, a waste mine dike which located in Minas Gerais Brazil collapsed, it belongs to Vale of Brazil, the world's largest iron ore producer. The accident caused 58 deaths and 305 missing.