Zhongxin Finance, February 23. The National Development and Reform Commission issued a document on the 23rd, stating that in response to the recent general stability of iron ore market supply and demand, port inventories have continued to rise to multi-year highs, but the price has risen sharply. Recently, the price department of the National Development and Reform Commission, the market The Price Supervision and Competition Bureau of the State Administration of Supervision jointly organized a special meeting of port associations and some port enterprises to study the relevant work of greatly shortening the free storage period of iron ore for trading enterprises, increasing the cost of port hoarding, and preventing excessive hoarding, and instructing port enterprises to urge iron ore Trading companies release excessive inventory and restore it to a reasonable level as soon as possible.
The National Development and Reform Commission and the State Administration of Market Supervision pay close attention to changes in iron ore prices, and will work with relevant departments to further strengthen market supervision, resolutely and severely punish violations of laws and regulations such as fabricating and spreading information on price increases, hoarding, and driving up prices, so as to effectively maintain the normal order of the market. , to ensure the stable operation of iron ore prices.
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