The iron ore is the main raw material for industrial production, but the price of iron ore has been not stable. In recent years, the domestic demand for iron ore has continued to increase, which stimulates the development of mining machinery.The amount of steel usage in several domestic major cities has reached the level of developed countries, but what is really attractive is the increasing demand for iron ore in the inland provinces and cities. At present, the per capita steel consumption in the central and western regions is even less than half of that in the coastal areas.To narrow the gap between the rich and the poor between the east and west, the Chinese government has increased investment in infrastructure construction in the west, which will also boost the demand for steel. China will continue to pull the global iron ore demand in the next period of time and it is helpful to open up the western market of iron ore.It is predicted by the industry insiders that the steel production will reach the peak in the east in 2015, but that in the central and western regions will continue to grow. In the next few years, the iron ore supply will be continued to be tight globally. Based on the pull of national policy, the business in the eastern coast will get closer to its peak, several largest iron ore producer are seeking to enter the underdeveloped regions in western China to look for the driving force for its future business growth.
The development of the iron ore industry in the western market needs the assistance of machinery industry. The mining machinery such as jaw crusher, sand making machine and milling machine (raymond mill) are indispensable in the processing of mining exploitation, which are also the required equipment for the processing of required finished products from iron ore among many industries. Therefore, the development of iron ore market not only promote the development of the machinery industry, but also lead the development of the grinding equipment. Currently, the huge market demand for the iron ore gradually promotes the development of mining machinery industry, which not only refers to open up the market, more importantly, but also have to promote the development technical requirements.