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China mills still favour medium- to high-grade iron ore

Chinese steel mills are still preferring certain quantities of imported medium- to high-grade iron ore fines because for many mills, the prices pf these grades are still relatively affordable compared with the alternative of smelting higher-grade iron ore fines mixed with lower-grade fines, market sources have noted.
The trend is seen lending partial support to prices of those medium- to high-grade fines products such as PB Fines, Newman Fines, Mac Fines and Jimblebar Fines, compared to the higher-grade iron ore products including Carajas Fines and lower-grade such as Super Special Fines (SSF), Mysteel Global noted. As of July

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