HomeSteelSteel raw materials Record-low discounts for low-grade iron ore weigh on Chinese steel production Narrower Chinese steelmaking margins so far in 2023 have continued to support demand for lower-grade iron ore fines, which has led to historically-low discount levels and narrowed the gap to the price of higher-grade material - thereby putting pressure on steel mills to cut production rates, sources told Fastmarkets this week. Adjusting blends to maintain margins A steel mill source from South China said that the smaller discounts for low-grade fines for October-loading cargoes may push some steelmakers to increase their... 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 Shu Yi Zheng September 29, 2023 12:37 GMT Singapore Related news {{article|snippet:'title'|removeHtmlTags}} {{article|fields:'dates'|date:dateArticleFormat}}
