Iron ore drives the development of crushing machinery

It is reported that Chinese demand in iron ore trade will continue to grow, although the existing producers and new iron ore industry manufacturers are planning new capacity scales, they are still lower than the market demand; together with supply gap in iron ore market, the global iron ore prices rises; shortage of iron ore market situation will continue until at least to 2015, so that the iron ore prices remain in high.
Currently, the greatest force in steel demand is undoubtedly the protection housing construction; in the next five years, China will build 36 million units of affordable housing; in the next two years we will build 10 million units of affordable housing, it is expected in the third quarter, affordable housing construction will bring about 25 million tons to 30 million tons of construction steel demand. According to industry statistics, housing construction steel usage accounts for about 20% of the total domestic steel consumption in the context of other factors keep stable, the increasing demand for construction steel will inevitably boost iron ore prices.
Meanwhile, to narrow the gap between the rich and the poor of the east and west, the state has increased investment in infrastructure construction in the west, this policy stimulating steel demand, but also to open up the western market for iron ore. The iron ore industries in the western market need the help of mechanical to promote the industry. Taking advantage of the  sand maker, crushing machine, pre-mill crushing equipment in the exploitation processing is essential, which also occupy a dominant position in the machinery industry; this series of equipment is indispensable part. The iron ore market development not only lesd to the development of the machinery industry, it also leads the development of the crushing equipment.
Iron ore shortage situation will continue to maintain, and it will gradually promote the development of the mining machinery industry; so we should deep study of mining crushing equipment and wear-resistant materials, take continuous improvement and innovation to lead crusher at the forefront of mining machinery industry.