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Iron ore in focus 1: Price bands narrow in year of contrasts …

China's import boom and a demand slump in the rest of the world have polarized the global iron ore trade in 2020. With Chinese steel margins recovering slightly after the Golden Week earlier in October, the high-to-mid grade iron ore premium looks set to remain firm throughout the fourth quarter, driven by reduced domestic concentrate supply and expensive coke prices in China.

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Iron ore in focus 1: Price bands narrow in year of contrasts | …

 · China's import boom and a demand slump in the rest of the world have polarized the global iron ore trade in 2020. With Chinese steel margins recovering slightly after the Golden Week earlier in October, the high-to-mid grade iron ore premium looks set to remain firm throughout the fourth quarter, driven by reduced domestic concentrate supply and expensive coke prices in China.

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