Iron and Steel

There is a more attractive performance awaiting mining companies and steel / the possibility of rising prices for pellets and concentrates

There is a more attractive performance awaiting mining companies and steel / the possibility of rising prices for pellets and concentrates
Mining News Pro - The performance report for Chadormalou Mining Company on December was highlighted on a code load, and one of them sold $ 52,000,000 from the beginning of the year to the end of August.
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According to Mining News Pro - In August, the company sold 540 thousand tons of iron concentrate at a rate of 73 dollars per tonne and a total of 39,761,905 dollars, 38 thousand tons of granulated stones at a rate of 25 dollars per tonne and amounted to 952,381 dollars, 109 thousand tons Each ton of grain at a rate of $ 102 and $ 11,191,476, 86,000 tons of steel at $ 667, $ 59,285,714, and a small amount of apatite has been recorded.


From the beginning of the year to the end of July, the average steel sales rate per tonne was $ 548, while in August, steel sales grew by about 21% to $ 667, and in July, the company sold a very good 11.190.476 The dollar has been registered.


It seems that the steel sales rate has increased in other manufacturing companies like Khuzestan steel, although they should wait for the reports of these companies, but due to this increase in steel prices, the rate of iron ore and pellets, which are directly related to the price of steel, will also increase and We will probably see a more attractive performance in Chadoremlou and other companies in the Iron Ore and Steel Group in the coming months.


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