Tag: CHina iron ore lump premiums
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China’s iron ore lump premium falls to over 1.5-year low
Premiums of China’s seaborne iron ore lump against 62% Fe fines, which have tracked downward since mid-September, have now hit a 1.5-year low. Behind the weak lump premiums has been waning demand for lump ores from loss-suffering steelmakers, Mysteel Global noted. As of November 25, Mysteel SEADEX 62.5% Fe Australian iron ore lump premium against…