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2014年铁矿石市场风云巨变,海外铁矿产能集中释放,边际成本下行明显,供需格局扭转,基本面各要素变换;矿价走出单边下行行情价格腰斩,最大跌幅较年初达51%;更为值得关注的是铁矿石金融属性愈加明显,黑色产业金融化程度全面提高,市场参与者在贸易操作中不得不关注或者参与金融衍生品交易。以四大矿山为代表的的海外铁矿石产能继续释放,2014年新增产能1.03亿t,总产能达到10.12亿t。四大矿山预计2015年度市场投放量进一步扩
In 2014, the iron ore market changed drastically, overseas iron ore production capacity was concentratedly released, marginal cost went down obviously, supply and demand pattern reversed and fundamentals were transformed. Mining prices out of unilateral downward market price cut, the largest decline of 51% from the beginning of the year; more It is noteworthy that the financial attributes of iron ore are more obvious, and the degree of financialization of the black industry is improved in an all-round way. Market participants have to pay attention to or participate in the trading of financial derivatives in their trading operations. Overseas iron ore production capacity represented by the four major mines continued to be released with a new production capacity of 103 million tons and a total capacity of 1.012 billion tons in 2014. The four major mines are expected to further expand the market in 2015