You are here

China steel mills chase top quality iron ore to boost output

Thursday, September 1, 2016 - 05:50
BT_20160901_KVHUNT1_2469208.jpg
Some mills are also using larger volumes of more expensive lump ore to mix with fines to save on the sintering process.

Shanghai

CASHED-UP Chinese steel mills are chasing top quality iron ore to help increase output and meet Beijing's tougher environmental standards, driving the premium for high-grade ore to its biggest in two years.

In the latest sign of renewed optimism among China's steel