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Why Does Iron Ore’s Price Drop?

https://amtiss.com/wp-content/uploads/2017/12/iron-ore-2.jpg 1022 575 natasha natasha https://secure.gravatar.com/avatar/4d82de29f4ba7d308aaf52340acede59?s=96&d=mm&r=g 14 December 2017 14 December 2017

By: natasha

14 December 2017

In last September-October, iron ore’s price is dropping about 20%. Even though the price reached the peak in February : USD 90 per ton. The price is increasing in February, June, and August according to report, but soon falling down. What is the reason? It is because of China’s iron ore demand. Government of China planned…

Indonesia Mining Map

https://amtiss.com/wp-content/uploads/2017/05/post16.jpg 823 582 ivan ivan https://secure.gravatar.com/avatar/b45f6d8df82921d2fc00f59170e3898e?s=96&d=mm&r=g 9 May 2017 9 May 2017

By: ivan

9 May 2017

Indonesia is on the west side of the “Pacific Ring of Fire”, characterized by high volcanic activity. At one point, Magma from the Pacific Ring of Fire is thought to contain a variety of precious metals, especially gold and copper. As part of the Pacific Ring of Volcano, Indonesia also potentially has natural resources in…