Steel News

We strive to let you one step ahead of the market.

Chinese steel mills' demand for high-grade iron ore recover

15 May 2019 16:39 reported by Felix

A A A
According to the report, the recent rebound in the profitability of Chinese steel companies has driven the factory to increase production enthusiasm. This indicated that Chinese steel companies are recovering demand for high-grade iron ore.

It was reported that the Ministry of Environmental Protection of China issued the task of requiring steel companies to save energy and reduce emissions last week, which meant that more high-quality iron ore will be provided to the market under the use of advanced equipment.

In the long run, based on strict emission control, the future market will prefer high quality iron ore. As a result, steel companies are recovering from higher quality and higher prices of iron ore.

Back to Steel News

Related News

WBMS: Global nickel market short supply gap of 78,700 tons in Jan-Jul 2019

  • Raw material
  • 20 Sep 2019 14:49

Filipino nickel price skyrockets 42% in past 30 days

  • Raw material
  • 20 Sep 2019 13:16

India's SAIL gets permission to sell iron ore freely

  • Raw material
  • 20 Sep 2019 11:13

Iron ore price decline causes Chinese steel prices to drop

  • Raw material
  • 19 Sep 2019 15:06

Fitch Solutions estimates zinc price to fall in future

  • Raw material
  • 19 Sep 2019 14:21

Metal Price Index

Learn more

LME Official Bid Price

  • Zinc
  • 2,298.00
  • 2,297.00
  • Aluminum
  • 1,762.00
  • 1,790.00
  • Copper
  • 5,758.00
  • 5,785.00
  • Nickel
  • 17,250.00
  • 17,110.00

Learn more

Coil Exchange Center

  • 2B Coil-Oct
  • 2,650
  • 2,510
  • NO1 Coil-Oct
  • 2,600
  • 2,460
  • 2B Coil-Oct
  • 2,650
  • 2,510
  • NO1 Coil-Oct
  • 2,600
  • 2,460

Learn more