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Record-low discounts for low-grade iron ore weigh on Chinese steel production.
- 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]
- Subjects :
- IRON ores
STEEL mills
PRODUCTION losses
STEEL
PRICES
ARC furnaces
RANKINE cycle
Subjects
Details
- Language :
- English
- ISSN :
- 26319381
- Database :
- Complementary Index
- Journal :
- Fastmarkets MB Daily
- Publication Type :
- Periodical
- Accession number :
- 174628044