Low-grade iron ore that has fallen out of favor with many of China's steelmakers is still in demand as mills keep buying the cheaper product, according to a junior Australian supplier.
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Oct 11, 2019· Iron Ore Price: Get all information on the Price of Iron Ore including News, Charts and Realtime Quotes. Iron Ore Price: Get all information on the Price of Iron Ore .
Mar 08, 2018· The fast-rising scrap market has outpaced iron ore prices, making iron ore the most cost-effective raw material for mills. Based on the analysis, domestic scrap is statistically $31/mt overvalued, when compared with iron ore (using historical pricing data from May 2013 to February 2018).
Oct 09, 2019· Price History Iron ore. The price of this metal, like any other commodity, is largely dictated by the amount of supply and the level of demand. However, its prices can also be affected by speculation, especially when new markets emerge than affect the demand or if the supply of the ores is disrupted in some way.
Mar 01, 2019· BEIJING – Chinese steel mills are slowing iron ore purchases and seeking cheaper alternatives to Australian supplies after a steep run-up in prices in February, five mill .