Priserne på jernmalm (iron ore) fortsætter med at falde, og de har nu nået det laveste niveau i fem år. se prisgraf her.

 

Prisudviklingen på jern malm kan afspejle flere tendenser:

– en generel økonomisk opbremsning, men især i Kina, og dermed faldende efterspørgsel

– for meget opbygning af lagre og produktionskapacitet

Reuters rapporterer, at der er overkapacitet i industrien og at det er med til at presse priserne

    BEIJING, Sept 5 (Reuters) - China steel and iron ore futures
prices plunged to new lows on Friday and spot prices continued
to plummet, with traders unconvinced by data suggesting large
mills were finally taking action to curb oversupply in the
world's biggest steel market.  
    China Iron and Steel Association (CISA) figures showed that
large-scale firms slashed daily output by 8.35 percent in late
August, while steel product stockpiles also fell 6.6 percent
over Aug. 21-31. 
    But the figures did not provide immediate support for the
spot market, with traders in Shanghai reporting rebar prices of
2,810 yuan ($457.6) per tonne, down 20 yuan from Thursday, and
hot-rolled coil prices of 3,260 yuan per tonne, down 30 yuan.
    "We are not expecting any pickup in momentum until
mid-September and (it is) certainly unlikely ahead of Monday's
(mid-Autumn festival) holiday," said Melinda Moore, an analyst
with Standard Bank, in an emailed note.