re: Ann: GRR Quarterly Report for 3 Months En... Also valuable to note this point:
The renewed value apparent in the current pellet premiums has been caused by the Chinese Government penalising many steel mills producing with higher sulphur dioxide emissions. In order to reduce sulphur emissions and reduce the likelihood of paying the penalties, the steel mills generally build a “shandy” using their usual input of lower grade raw material and blending it with premium grade (lower impurities) materials such as lump and Grange’s premium pellet – effectively reducing the ratio of pollution generating impurities.
re: Ann: GRR Quarterly Report for 3 Months En... Also valuable...
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