Higher Fe grade iron ore demand firm among China mills
Source:MysteelJan 14, 2021 10:32
China’s steel mills are consuming more higher Fe grade iron ore products such as Carajas Fines, iron ore lumps and pellets, which has seen active trading on these products and firm prices, according to market sources on Wednesday.
“One reason for this trend is due to the high coke prices. Higher Fe grade iron ore products needs less coke,” a Rizhao-based iron ore trader in East China’s Shandong remarked.
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