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Dec 02, 2020 · Steel scrap in China has not been an issue for the iron ore miners this year because the surge in steel demand took the steel mills by surprise and transport systems were slowed by pandemic ...
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Column: Iron ore dilemma - Will China actually cut steel
Feb 01, 2021 · China produced a record 1.05 billion tonnes of steel in 2020, helping to drive spot iron ore prices to a one-year peak of $175.40 a tonne on Dec. 21.
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A reduction in the use of domestic iron ore may help seaborne suppliers of all grades, but much will depend on whether China's steel mills do actually switch to higher quality inputs.
Iron Ore Rockets To $160 A Ton And China Cries Foul
Dec 15, 2020 · In October, only 10% or 1.7 million tons of Australia’s thermal coal found its way to China. It’s a different story in iron ore with Chinese steel mills …
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Jan 27, 2021 · Iron ore stocks fell sharply on Wednesday as analysts noted China’s steel mills were under pressure to maintain profit margins. Fortescue Metals …
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