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Iron Ore Powers Higher as China Clean Air Push Boosts

Bloomberg Iron ore s on the rise as an environmental cleanup in China tightens the supply of higher grade material that s less polluting and allows steelmakers to maximize production Futures on the Dalian Commodity Exchange surged percent the most in a month while the most active SGX AsiaClear contract climbed percent to a three month high of $ a metric ton in Singapore

Miners big and small bank on China s hunger for high grade

SYDNEY Dec 20 Reuters China s aggressive campaign to clean its skies by clamping down on polluting steel mills has fuelled a need for high grade iron ore and

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The quot shift to pellet quot by China As China addresses over capacity in its steel sector we expect that smaller inefficient blast furnaces typically with working

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China to revoke over 1 000 iron ore mining licences amid

China to revoke over 1 000 iron ore mining licences amid pollution crackdown third of its iron ore mining in favour of pellets and so called quot lump quot ore

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Iron ore prices hit four month high Times

Iron ore a key source of profits for some of the world s biggest mining companies has hit its highest level since April as China s vast steel industry continues

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