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China’s iron oxides sector is an export-orientedsector whose dependence on exports exceeds50%.With impacts from the global financialcrisis,China’s export of iron oxide has reducedsubstantially.In 2009,the export volume wasdown by nearly 20% year over year and theexport value fell by more than 30%.Driven by the stimulation programs of thegovernment,the demand for iron oxide inconstruction materials,coatings,rubbers,plastics and petrochemical catalyst sectorsrecovered in 2009,making the sales amountof iron oxide grow 15.8% over 2008.Thedomestic demand has become the major drivefor the growth of the iron oxide sector.The overall situation of China’s iron oxide
China’s iron oxide sector is an export-orientedsector whose dependence on exports accounted for 50% .With impacts from the global financial crisis, China’s export of iron oxide has reduced subbstantially.In 2009, the export volume was reduced by nearly 20% year over year and theexport value fell by more than 30%. Driven by the stimulation programs of the government, the demand for iron oxide inconstruction materials, coatings, rubbers, plastics and petrochemical catalyst sectorsrecovered in 2009, making the sales amount of iron oxide grow 15.8% over 2008.Thedomestic demand has become the major drivefor the growth of the iron oxide sector. The overall situation of China’s iron oxide