Chinese mills turn to crushing iron ore lump to fines with lump premiums at three-year low

At least two Chinese steel mills have turned to crushing iron ore lump into fines in the face of falling lump premiums, Fastmarkets learned this week.

One of the mills was heard to have experimented with the cost effectiveness of this process because iron ore lump was being traded at close to zero premiums compared with mid-grade iron ore fines at Chinese ports, according to a Shanghai-based...

Published

Paul Lim

Alex Theo

August 28, 2020

11:13 GMT

Singapore