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"Demand for future iron ore cargo is very good and because the renminbi is still appreciating. So traders would like to buy future cargo in dollars stockpile them and sell them in renminbi " said a Beijing-based iron ore trader. The most-traded iron ore on the Dalian Commodity Exchange was up 1 percent at 555.50 yuan ( 86) a tonne by 0239 GMT.
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Dec 22 2018 · Hey ) So I m pretty new to this game and I started watching tutorials and stuff and I started my own "mining company" primarily mining Ore and Silicon. I ve seen that there are some stuff called "Silicon Wafers" and I wanted to start making them. I currently have like 9 Drill Vanguards and 5m in cash and I wanted to start making refined stuff (don t know if you can refine silicon like an
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An iron ore trader in China s Shandong province expects steel mill margins to increase further before the country s Lunar New Year holiday which starts on January 25. Restocking of iron ore before the coldest winter months and ahead of the Lunar New Year usually supports iron ore prices he said.
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