摘要
China MOC:steel prices to keep low in China China Ministry of Commerce expects domestic steel prices to keep low in the near future amid the soft market demand and exces- sive reserves of steel plants. Steel prices from November 10 to 19 fell by 2.7%,0.9% age point more than the drop rate of the previous week.
Recent years have proven much more profitable for the mining industry.High commodity prices continue to drive improved results across a range of key performance indicators for the industry.Improvementsin profitability mask substantial increases in operating costs, which have occurred due to supply side constraints. Operating expenses have continued their increase, as has exploration expenditures. However, profit margins are expected to remain high for the near future, driven by exceptional demand sustaining the current commodity price levels. Unprecedented demand, primarily driven by Asia, continues. New supply is coming on stream for many commodities, but is struggling to catch demand, partially as a result of under investment in the 1990s. Challenges ahead include improving mining safety, managing the complexities of environmental and regulatory requirements,
