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The National Development and Reform Commission has carried out field investigations to study efforts to maintain supply and price of iron ore

April 10, 2023

Latest company news about The National Development and Reform Commission has carried out field investigations to study efforts to maintain supply and price of iron ore

Recently, the Price Department of the National Development and Reform Commission, together with relevant parties, went to Qingdao Port and Tangshan Port to conduct research, learn about iron ore inventories and stockpiling charges at the ports, analyze and evaluate the situation of the iron ore market and price, and study the work of ensuring supply and stable price of iron ore. During the period, the research group organized some iron ore trading enterprises to hold special meetings to remind and warn iron ore trading enterprises to operate according to law and not to hoard and drive up prices.

The National Development and Reform Commission pays close attention to the changes in the iron ore market. In response to the sharp rise in iron ore prices for some time, it will work with relevant departments to actively study and adopt measures to ensure supply, adjust demand and supervise the market, so as to curb the unreasonable rise in iron ore prices and promote the smooth operation of the iron ore market

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