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The winners and losers in iron ore discounting

September 14, 2017 - 00:06 -- Admin

Via Macquarie:  The lump premium hit a record high of ~$25/t on September 8, according to MySteel. In this note, we take a deep dive in this niche segment of the iron ore market and highlight the key drivers behind the lump premium cycles. Panic buying by Chinese mills following government-led sinter production cuts

The post The winners and losers in iron ore discounting appeared first on MacroBusiness.

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