Global Iron Ore Production Capacity Increases Supply and Demand Will Revert in 5 Years



High profits have stimulated the pace of mining and expansion of foreign mines. According to the latest research report, iron ore suppliers headed by the three major mines are all substantially increasing their production. It is expected that the global iron ore production and exports will grow rapidly in the next five years. In 2015, it will reach 2.7 billion tons. By then, the global monopoly of mines will be reduced and the market will experience oversupply.

“The global demand for iron ore is much lower than the pace of mine expansion, which will directly lead to the end of the global iron ore supply shortage, the future demand supply will be reversed, and the iron ore price will collapse.” Xu Lejiang, Chairman of Baosteel Group Indicated.

In addition, Wu Rongqing, chief engineer of China Mining’s [0.16 1.30%] Confederation’s Ministry of Industry Development, stated that Chinese companies’ “going global” contracts and iron ore projects developed and constructed in recent years are expected to be concentrated from 2011 to 2012 and at the latest by 2014. Release production capacity.

It is noteworthy that this year, iron ore imports and prices have not appeared in the past hot scenes, the entire market is weak, and imported iron ore is generally in a "price-free market" situation. In addition, China's imports of iron ore are becoming more diversified and the traditional status of the three major mines is being challenged.

Grips Clips And Clamps

A wire rope clamp (sometimes called a clip) is used to secure the loose end of the loop back to the wire rope. It usually consists of a U-bolt, a forged saddle, and two nuts. Two layers of wire rope are placed on the U-bolts. Then slide the saddle over the rope and attach to the bolts (the saddle includes two holes for the U-bolts). Nuts hold the unit in place. The wire rope is usually terminated using two or more clips depending on the diameter. A 2" (50.8 mm) diameter rope may require as many as eight.
There is an old saying: "A dead horse is without a saddle". This means that when installing the clips, the saddle portion of the assembly should be placed on the load bearing or "live" side of the cable, not the non-load bearing or "live" side of the cable. The "no power" side. According to U.S. Navy Manual S9086-UU-STM-010 Chapter 613R3, Wire and Fiber Ropes and Slings, "This is to protect the live or pressure-bearing end of the rope from pinching and damage. The flat bearing housing and body (saddle-shaped ) extension claws are designed to protect the rope and remain on the live end at all times."[18]

The U.S. Navy and most regulatory agencies do not recommend using such clips as permanent terminals unless regularly inspected and retightened. Encyclopedia website: ewikizh.top

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