Steel 360 Magazine - August 2018Add to Favorites

Steel 360 Magazine - August 2018Add to Favorites

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In this issue

Tailwind spin of High Grade iron ore

Higher grade iron ore prices are seeing a spiral movement in past few months, may
surge to 100 dollar mark leading to further change the trend and reshape the
global market. China buying cheap low-grade ore in order to be cost effective is
slowly coming to an end with Chinese government has warned mills that they could
face closure if they don't meet emission targets by October.

The clamp down on pollution is expected to move higher which was initially at
10-15 % and which could move up to 50 % during the summer.
So what China needs now and in the future will be more sophisticated ore, with
higher iron and lower impurity content, it has pushed the Chinese market slowly to
opt for higher grade iron ore which emits lesser pollution even though the margin
cost is moving higher. In midst of trade war looming iron ore shaved away from the
impending danger as other commodities are feeling the pinch of the trade war. The
pricing for iron ore has been dramatic in the past few months and the miners in
Brazil & Australia are racing up & revamping strategies to fulfill the Chinese market.
Read the detailed analytical report of cover story on pg-34.

Steel 360 Magazine Description:

PublisherSteel 360




Steel 360 is a monthly magazine covering the metal and mining industry in India. The magazine has a readership of 50,000+ across the globe in the metal and mining fraternity across the country (print circulation only in India). Each issue of the magazine carries a highly informative cover story; write-ups on trending topics, market prices & offers, current news from the metal & mining industry, latest technology trends, columns from industry veterans, import-export statistics, information on upcoming events and much more.
The magazine is a comprehensive handbook to numerous Managing heads, Directors, CEOs, Technical Heads, Marketing/Purchase/Sales Managers, Analysts and other key decision-makers at various business groups in the metal, mining, research, financial services, infrastructure and other related sectors.


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