"A procurement source from Tangshan said that as long as PBF's alumina remained at or below 2.3%, it was happy to use more".
FMGs WPF have alumina at 2.3-2.5, maybe they need to work it more, none the less boding for a huge recovery as the chinese looking to come back into the lower grades.
https://www.spglobal.com/platts/en/...n-ore-fines-narrows-on-increased-usage-of-pbf
Iron ore price, page-7661
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