"...In the immediate future, steel producers can lower emissions by 10% to 30% by applying best available technologies, higher quality iron ores and optimizing fuel mix at blast furnace (BF) and blast oxygen furnace (BOF) operations."
"...For iron ore, the (demand) outlook is more stable (than met coal), but the composition of what’s supplied will continue to change, as demand for higher-quality ores increases. These higher grades play a key role in the realization of the first 10% to 30% emission reduction in BF-BOF routes, as well as for DRI/HBI production. Already today, they are fetching significant price premiums..."
HIO Price at posting:
20.0¢ Sentiment: None Disclosure: Held
