HomeSteelSteel raw materials Yuan-based deals make up small proportion of iron ore market despite recent growth Chinese steelmakers’ ongoing efforts to enhance their pricing power when it comes to procuring imported iron ore could benefit from the internationalization of the yuan and increased trading of yuan-denominated materials at ports in the country. But it will take time – and transparency – for such yuan-based sales to increase significantly in volume, sources said. Port trading patterns While the US dollar remains the main medium... Email this article Your details Your recipients's details You can enter a maximum of 5 recipients. Use ; to separate email addresses. Email yourself a copy? Enter the code: Ok You might notice something different here.As we continue our evolution, our data and market news is now available through the Fastmarkets platform and a trial of this website is no longer available. Already registered? Log in Our new delivery solution allows you to access the prices and news that matters most to you in a way that delivers value, quality and a unique, fully customizable view for you. Learn More We are developing an experience that allows you to test drive building your view of our data and news on the new platform. In the meantime, we can prepare a quote for you and show you around. Get Started Contact Us +44 (0) 20 7779 8260 hello.mb@fastmarkets.com Published Alice Li September 18, 2023 09:40 GMT Singapore Related news {{article|snippet:'title'|removeHtmlTags}} {{article|fields:'dates'|date:dateArticleFormat}}
