Back to Search Start Over

Record-low discounts for low-grade iron ore weigh on Chinese steel production.

Authors :
Li, Alice
Zheng, Shu Yi
Source :
Fastmarkets MB Daily; 10/16/2023, pN.PAG-N.PAG, 1p
Publication Year :
2023

Abstract

Narrower Chinese steelmaking margins so far in 2023 have continued to support demand for lower-grade iron ore fines, which has led to historically-low discount levels and narrowed the gap to the price of higher-grade material - thereby putting pressure on steel mills to cut production rates, sources told Fastmarkets this week. [ABSTRACT FROM AUTHOR]

Details

Language :
English
ISSN :
26319381
Database :
Complementary Index
Journal :
Fastmarkets MB Daily
Publication Type :
Periodical
Accession number :
174628044