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Chinese Mills Turn On the Heat

Iron Investing News reports the heat is on with iron ore purchases. “We’ve never heard of any steel mill in China who has said they wouldn’t prefer a benchmark, as the spot price is dangerously...

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China & Its Shenanigans

China, the world’s biggest steel producer, is flexing its muscles again. The country is eager to replace the benchmark arrangement price long used by the industry for iron ore imports with one that...

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