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  • China steel prices lowest in over 20 years, squeezing ...

    Jul 07, 2015· The price slide has meant local steel mills have failed to benefit from the rapid decline in iron ore, which remains about a third higher than two decades ago, and the sector is also struggling ...

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    part of the price increase, however, is likely to prove structural, as additional production of iron ore and coal will tend to be mined at higher average cost, from more steel producers in the world are the Russian mills with an estimated cost price of some US$300/tonne of HR. Russia is the only country in the world where steel manufacturers ...

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    "Steel mills' profit margins have come down, and steel scrap is more expensive compared with the variable cost of producing hot metal in a blast furnace." Platts China HRC and rebar export spreads with iron ore and coking coal, which weakened sharply over October and November, have started to stabilize this month as steel prices stabilize.

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    NAB raises its forecast for iron ore and coking coal prices in 2019 According to recent media reports, the National Australia Bank (NAB) has revised its iron ore and coking coal price forecasts ...

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