Iron ore prices continued to rise in February amid rising demand expectations. In steel production stable, iron ore port stocks under the background of record highs, the iron ore market oversupply situation more and more obvious, iron ore prices continue to rise, will be a substantial fluctuations.

Continue to rise, China's iron ore price index, monthly rise more according to the monitoring the iron and steel association, the end of February, China's iron ore price index (CIOPI) rose to 321.55 points, up 31.62 points, rose to 10.91%, rise was increased 7.49% last month. Among them: the domestic iron ore price index is 254.39 points, up 17.70 points from month to month, the increase is 7.48%, the increase is 7.02 percentage points higher than last month. The price index for imported iron ore was 334.21, up 34.25 points from the previous month, up 11.42 percent, up 7.55 percentage points from the previous month. The overall level of China's iron ore price index (CIOPI) is higher than last month. The February composite average was 310.11, up 26.65 points from the previous month, up 9.40%. Among them: the domestic iron ore price index averaged 245.52 points, up 9.74 points from the previous month, with a gain of 4.13%. The average price index for imported iron ore was 322.28, up 29.83 points from last month, or 10.20%.0000000000 The increase in the price of imported ore was higher than that of the domestic mine. In the end of February, the tax price of the domestic iron concentrate was 654.59 yuan/ton, up 45.55 yuan/ton, and the increase was 7.48%. The price of imported powder was 90.27 usd/ton, up by 9.25 usd/ton, and the increase was 11.42%, which was 3.94 percentage points higher than the price of domestic ore. From the whole month, the average annual tax price of the domestic iron concentrate is 631.78 yuan/ton, up 25.08 yuan/ton from last month, and the increase is 4.13%. Among them: February 3 solstice22, from 609.04 yuan/ton to 653.65 yuan/ton; In late February, the rally slowed to 654.59 yuan/ton from 653.65 yuan. The average monthly price of imported powder was $87.05 / ton, up $8.06 / ton, or 10.20%, from last month's average price. Among them: on February 3 solstice21, the fluctuation of 79.29 usd/ton rose to 92.42 usd/ton. At the end of February, at the end of February, $92.42 / ton fell slightly to $90.27 / ton.

After the analysis of the price trend of iron ore in the late period of the Spring Festival, after the Spring Festival, the steel output increased slightly and iron ore prices continued to rise. Later, iron ore demand will remain stable, but the supply glut is more prominent, and iron ore prices will not stay high in the future, and will fluctuate. 1. Steel production edged up, iron ore demand growth was limited by market expectations, and steel production increased. According to the steel association's daily report, in early February, members of the steel industry averaged 176.67 million tons of crude steel, up 1.46 percent from the previous month. In march, steel production will remain stable and iron ore demand growth will be limited, due to the impact of the two sessions, the air pollution measures and other factors. 2, iron ore port stock hit a new high, more evident oversupply situation in late February, the national import iron ore port stocks of 130.81 million tons, rose by 11.3 million tons, 32.62 million tons of rose, hit a record high. In January, member enterprise output of 50.13 million tons of pig iron, calculate the output of 57.47 million tons, compared with only an increase of 4.32 million tons, compared with imported iron ore 92 million tons, year-on-year increase of 9.87 million tons, far in excess of the pig iron production demand, the iron ore market supply exceeds demand contradiction is more outstanding. 3, steel mills profit level is low, the price of iron ore is still downward space according to the iron and steel association statistics, in January, member of the iron and steel enterprise profit of 5.215 billion yuan, after the break even on profitability, but the sales profit margin is only 2.07%, is still low. At the end of February, China's steel price index CSPI was 106.22, up 6.74 percent from the start of the year. Meanwhile, the price of imported iron ore rose to $90.27 a tonne, up 15.73 per cent, well above the rise in steel prices. Later, iron ore prices will not continue to rise and will fluctuate.