#China’s #Steel mills hunt for high-grade #Iron ore to boost output

An employee inspects newly-made steel coils at a steel plant in Lianyungang, Jiangsu province October 11, 2014.  REUTERS/China Daily

 

Cashed-up #Chinese steel mills are chasing top quality #Iron ore to help increase output and meet #Beijing’s tougher environmental standards, driving the premium for high-grade ore to its biggest in two years.

Read more at: http://www.reuters.com/article/us-china-ironore-prices-idUSKCN1160XH

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