I guess the chinese love the 57% grade fe along with the price that comes with it, so off course they'll come up with any excuse to keep it going......Malcolm ???
China's Hebei province, a major steel production base, reportedly considers extending the winter production restriction on steel makers to May 15, which currently ends on March 15th.
Stocks of Steel makers start surging in China on report that Hebei province, a major steel production base, considers extending the winter production curbs on steel makers by two months to May 15, which may push steel price higher
AGO Price at posting:
2.6¢ Sentiment: Buy Disclosure: Held