Demand for high-grade iron ore continues amid China steel ramp-up

Chinese steelmakers have gradually resumed steel production in the beginning of 2022 after almost six months of production curbs, leading to an increase in demand for high-grade iron ore.

Mills optimizing productivity
A Singapore-based trader believes that most steelmakers in China have switched their focus to optimizing steel production since the start of January this year.

“Most mills seem...

Published

Alex Theo

January 20, 2022

11:25 GMT

Singapore