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China steel mills chase top quality iron ore to boost output

Some mills are also using larger volumes of more expensive lump ore to mix with fines to save on the sintering process.


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

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