Iron ore price continues to fall, the prospects are grim.

Iron ore price continues to fall​Supply-demand fundamentals for iron ore appear to be moving back to balance amid steel supply concerns and after Chinese stock market regulators announced more steps to discourage speculative trading in the steelmaking commodity.

Both steel and iron ore prices slumped on Friday, with iron ore ended the day 5.2% lower at $55.68 per tonne, and steel rebar and hot rolled coil down a respected 4.6% and 4%. Iron ore futures on the Dalian and Shanghai exchanges was down 13% for the week, and hot rolled coil fell 12%, bringing losses since April 21 to around 25%.

 Wear resistant ceramic linings is widely used in iron ore production equipment.which can protect iron ore machines from mechanical attack, chemical attack, corrosion.to save production cost,It is best for iron ore miners to use  wear ceramic liner  

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