Tag: China iron ore lumps imports
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Premium on China’s Lump Iron Ore Imports at 5-Month High
The seaborne price of imported iron ore lumps in China’s major markets has risen faster compared with that of imported pellets, but the demand for lumps from domestic steel mills is lower than that for pellets at ports because pellets are seen as more cost-effective, market sources said on Friday. High-grade ores such as lumps…