China Tells

It seems that China’s steel manufacturers are still enjoying good margins. According to a latest study, on average steel manufacturers enjoy a gross margin of about RMB 500/Ton in May and about RMB 400/Ton in June,based on the difference in production cost and sales price. Such an estimate also shows potential for Chinese importers to pay a higher price for imported iron ores.

中国的炼钢厂利润率还算不错。根据一项最新估计，中国的炼钢厂在五月份的毛利差不多达到每吨500人民币，6月份的毛利可能达到每吨400人民币。如此看来，可能钢厂对海外铁矿石的需求依然会保持旺盛。