Oct 2 Steel prices in China have been rising but iron ore prices have been so steel mills favor higher purity iron ore that increases blast furnace efficiency That suits Beijing as it also reduces pollution per ton of steel producedOct 11 Read more about Steel mills see room for further iron ore price cut on Similarly iron ore fines with 58 per cent purity closed with a decline of Sep 29 Iron Ore Prices Are in a Bear Market What s Next The steel mills are taking advantage of higher steel prices and are ordering more The purity content of domestic iron ore is very low as compared to the imported iron ore
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