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China bans low-grade iron ore imports, say traders

China bans low-grade iron ore imports, say traders. 09 APRIL 2010. China has banned traders from importing iron ore below 60% Fe, traders told MB.The ban has been orally conveyed by China Chamber of Commerce of Metals Minerals Chemicals Importers Exporter (CCCMC) to its members, said traders."Customs has started looking into imports, and any new imports of low-grade iron ore will not

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China puts ban on low-grade iron ore Financial Times

April 8 2010. Print this page. Beijing has banned Chinese trading houses from importing low-quality iron in a move that could, paradoxically, increase the raw material procurement costs of the ...

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China exchange considers accepting lower-grade iron

2021-5-12  May 12 (Reuters) - China's Dalian Commodity Exchange (DCE) proposed to lower standard iron content requirements in ore delivered against its flagship futures to

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China reportedly bans low grade iron ore imports

2010-4-14  China reportedly bans low grade iron ore imports. Wednesday, 14 April 2010 17:45:25 (GMT+3) . Chinese traders with iron ore importing licenses are no longer allowed to import low grade iron ore of iron content lower than 60 percent, market sources say.

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Low-grade iron ore fines demand rises in China

2021-3-2  Low-grade iron ore fines demand rises in China. Published date: 02 March 2021. Share: Lower metallurgical coke prices have encouraged some Chinese steel mills to increase use of lower-grade iron ore, though rising mill margins have kept demand firm for higher grades.

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Iron ore is saving Australia's trade with China. How

2021-5-6  Iron ore imported from Australia and Brazil at an iron ore storage yard in Taicang Port, Jiangsu Province, China on December 9, 2020.

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Chinese steel mills chase low grade ore, discount at

2019-6-12  “That will push prices higher and lead to shortages of some (low-grade) products.” Prices of low-grade 58% iron-content ore for delivery to China [SH-CCN-IRNOR58] have already surged 72% so ...

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How iron ore is powering China’s infrastructure boom,

2021-2-14  China’s domestic iron ore supply is relatively low-grade and expensive to process. Its mines are also being rapidly depleted.

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Why iron ore has been out of bounds in China's trade

2020-8-31  Wine, cheese, meat and barley have all been caught up in trade tensions between Beijing and Canberra, but China still accounts for 80 per cent of Australia's iron ore

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Indian Low Fe Iron Ore Fines Export Prices Up to China ...

2020-2-25  Indian low-grade iron ore fines export market regained momentum this week with various deals being reported. Indian low-grade iron ore fines assessment has increased this week to USD 57-59/MT, CFR China as against last week's assessment at USD 54-55/MT, CFR China. As per the sources Chinese mills are actively booking material for Mar/April shipments, in order to maintain their margins.

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China ban on low-grade coal set to hit global miners ...

2014-9-16  China ban on low-grade coal set to hit global miners. Share on Twitter (opens new window) ... The move comes as a blow to international miners already smarting from a steep drop in iron ore

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Daily iron ore price update (scrap ban lifts) -

2021-1-8  The ban on scrap steel for steel production was lifted from the start of January after China had prohibited its import to prevent the global dumping of low-grade scrap “waste” since late-2018.

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Can China replace Australian iron ore? - MacroBusiness

2021-1-13  Typically, one tonne of steel requires at least 1.5 tonnes of iron ore. So, China will need about 1.38 billion tonnes of iron ore imports to supplement its expected 240 million tonnes of locally ...

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COLUMN-China may target Australian LNG despite

2021-5-11  China remains heavily dependent on Australian iron ore, which accounts for about 70% of China's imports, and any disruption to this trade would likely

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Australia's once-symbiotic relationship with China is

2020-11-22  While a major iron ore producer itself, China's supplies of the key steel-making ingredient are low grade and expensive. In fact, material shipped out of the Pilbara in Western Australia can be ...

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Coking coal imports to jump as steelmakers shift to

2013-11-25  The use of low-grade iron ore would mean more coal purchases from traditional suppliers such as Australia, South Africa and the United States - helping support prices even if demand from China

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Advanced Indonesia export ban threatens China’s

2019-9-1  But imports of Indonesian ore shrank steeply close to zero after Indonesia initially banned ore exports in January 2014, with only some 100,000 wmt/year of ferrous ore with low nickel content being moved to China. In 2017, the original export ban was lifted for certain minerals, or ore with a grade below 1.7%, allowing miners who were building ...

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Iron ore: India's iron ore output likely at 185 MT in

2017-2-16  Goa produces low grade iron ore (Fe content below 58 per cent), which is exported to China. After removal of the mining ban by the Supreme Court in 2014, the state is allowed to mine 20 million tonnes (MT), with the highest share of 5.5 MT going to the Anil Agarwal led-firm. Country's single largest iron ore producer,

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BAOSHAN IRON STEEL CO (600019.SS) Stock Price,

2012-8-2  China's scrap-steel imports 'symbolic' after two-year ban lifted, and will not reduce need for iron ore in steelmaking. China's first deals to import scrap steel since lifting a two-year ban on it ...

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Australian coal ban: China paying high price for

‘Heavy price’: China’s Aussie ban backfires. China’s decision to stop taking Australian coal has seen prices plummet but China also appears to be paying a heavy price for its decision.

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Why iron ore has been out of bounds in China's trade

2020-8-31  Wine, cheese, meat and barley have all been caught up in trade tensions between Beijing and Canberra, but China still accounts for 80 per cent of Australia's iron ore

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Ban iron ore exports; conserve it like US, China: Steel ...

2010-10-31  NEW DELHI: Steel Minister Virbhadra Singh today called for a ban on iron ore exports saying that the country must take lessons from neighbouring China and the US for using finite natural resources judiciously. India has world's fifth largest estimated reserves of iron ore at about 25 billion tonnes, of which only a fraction is minable.

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Can China replace Australian iron ore? - MacroBusiness

2021-1-13  Typically, one tonne of steel requires at least 1.5 tonnes of iron ore. So, China will need about 1.38 billion tonnes of iron ore imports to supplement its expected 240 million tonnes of locally ...

Read More
COLUMN-China may target Australian LNG despite

2021-5-11  China remains heavily dependent on Australian iron ore, which accounts for about 70% of China's imports, and any disruption to this trade would likely

Read More
Australia's once-symbiotic relationship with China is

2020-11-22  While a major iron ore producer itself, China's supplies of the key steel-making ingredient are low grade and expensive. In fact, material shipped out of the Pilbara in Western Australia can be ...

Read More
Low Grade Iron Ore Trading - A Positive Impact on

2014-1-27  Low-grade iron ore is giving the steel industry something to rejoice in a time when the ban on mining the high-grade variety was giving the mining giants sleepless nights. To prove the same, an expert associated with Nordbell Commercial Limited, Vaman Kumar has compiled and shared recent data and given his expert opinion to put light on the matter.

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Iron ore enters an age of change Fastmarkets

2021-2-25  The iron ore market is in a type of squeeze: Greater demand buoys the steel market, but decarbonization and the focus on EAF and high-grade materials may negatively impact the iron ore market. These dynamics bring a degree of risk.

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Chinese steelmakers lift demand for high-quality iron

TOKYO -- Heavier purchases of high-grade iron ore by Chinese steelmakers since last year have fueled record price premiums over low-grade ore, a shift driven by the country's stronger ...

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BAOSHAN IRON STEEL CO (600019.SS) Stock Price,

2012-8-2  China's scrap-steel imports 'symbolic' after two-year ban lifted, and will not reduce need for iron ore in steelmaking. China's first deals to import scrap steel since lifting a two-year ban on it ...

Read More
Coking coal imports to jump as steelmakers shift to

2013-11-25  The use of low-grade iron ore would mean more coal purchases from traditional suppliers such as Australia, South Africa and the United States - helping support prices even if demand from China

Read More