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Iron ore in the world is the main raw material for industrial production, and the price of iron ore has been not stable. The demand for iron ore in the domestic market has also increased, and it has also driven the development of mining machinery.
The use of steel in cities such as China, which is mainly exported, has reached the level of developed countries such as South Korea, but what is really attractive is that the demand in the inland provinces of China has just begun to rise. At present, the per capita steel consumption in the central and western regions of China is even less than half of that in the coastal areas. In order to narrow the gap between the rich and the poor in the east and the west, the Chinese government has increased its investment in infrastructure construction in the west. This policy will also drive demand for steel. China will continue to drive global iron ore demand for a period of time in the future, and it will also open up the western iron ore market.
Industry sources predict that steel production in eastern China will peak in 2015, but the central and western regions will continue to grow. Global iron ore supply will continue to be tight in the next few years. Based on the promotion of national policies, while the business in the eastern coastal areas of China is getting closer to the peak, several of the world's largest iron ore producers are seeking to enter the underdeveloped western region of China, looking for a stamina for future growth. The demand for steel in industrialization and urbanization in western China, such as Xinjiang, will increase significantly, keeping China's demand for imported iron ore at a high level and continuously exploring the iron ore market in the region.
The development of the iron ore western market requires the promotion of the machinery industry. In the mining and utilization of mining, crushing machines, sand making machines, fine crushers, mills and other crushing equipment are indispensable, and they are also dominant in the machinery industry. This series of equipment is to process raw ore into multiple Equipment required for the necessary process of finished materials for the industry. Therefore, the development of the iron ore market not only led to the development of the machinery industry, but also led the development of crushing equipment such as crushers.
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