China steel mills chase top quality iron ore to boost output
Thu, Sep 01, 2016 - 5:50 AM
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...