11
May
12:49
Listed Chinese steelmakers heavily depend on imported ore
Iron ore prices have soared from 2020 to 2021, and the recent surge in particular continues to put pressure on the costs of Chinese steel mills. There are rumours that the recent political friction between China and Australia may affect China's imports of Australian iron ore, as it has already done for coal. But the high dependence of Chinese steel mills on imported iron ore makes this difficult to implement in practice, Kallanish notes.
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Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous