Monthly archives: August 2022

Daily Virtual Steel Mill Report 22/08/22

Market Verdict on Iron Ore： • Neutral.   Macro • Chinese Loan Prime Rate at 1-year length cut 5 bps to 3.65%, 5-year length at 4.3%, cut 15 bps. • Chinese State Council decided to extend the policy of exempting new energy vehicles from purchase tax to the end of next year, and it is …

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India Pushes Forward The Beneficiation Of Low-grade Iron Ore 22/08/22

India’s beneficiation of low-grade iron ore could result in new trade patterns   India’s push toward the beneficiation of low-grade iron ore could result in new trade patterns emerging in the future if implemented, market sources told Fastmarkets last week. It could mean a higher acceptance among buyers of Indian iron ore in the seaborne market, …

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