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[ferro-alloys.com]  “Global macro economy tends to be good, growth of external demand has a certain space, but the Sino-US trade disputes and regulatory policies for dissolving significant risk will affect China's steel demand. It is expected that China's steel demand will fall year on year, and overall level of steel prices may be slightly lower than that in 2017. The overall iron ore market still maintains an oversupply pattern, and the price of mine follows the fluctuation of steel price, thus iron ore price does not have the basis of sharp increase.”  said Wu Kunzong, a CFO of Baosteel （600019）. 

• [Editor:Wang Linyan]