16
Mar
00:00
Australia's Grange profits from Chinas green crackdown
Australia’s Grange Resources says it is continuing to enjoy higher premiums for its iron ore pellets, allowing it to remain profitable in the current market downturn, according to a market update on Monday. China’s environmental crackdown, while negative for iron ore generally, has been a boon to iron ore pellet producers, who have seen relatively strong demand as a result, Kallanish notes.
Grange says it achieved an average price for its pellets…
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Anonymous
Very good overview of the weekly steel market.
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