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“China is overproducing, we would expect to see some slowing down in H2” — Ferrexpo CEO

May 12, 2021

Source: https://www.mining.com/china-is-overproducing-we-would-expect-to-see-some-slowing-down-in-h2-ferrexpo-ceo/

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"We would expect China to slow down in H2," - Ferrexpo CEO

Ferrexpo’s CEO, Jim North (Credit: Ferrexpo)

China’s massive physical purchases of iron ore have been the primary driver of the post-pandemic price rally.

Benchmark 62% Fe fines imported into Northern China (CFR Qingdao) hit a new record on Wednesday, up 3.7%, changing hands for $237.57 a tonne, according to Fastmarkets MB.

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Ferrexpo’s CEO, Jim North (Credit: Ferrexpo)

China’s massive physical purchases of iron ore have been the primary driver of the post-pandemic price rally.

Benchmark 62% Fe fines imported into Northern China (CFR Qingdao) hit a new record on Wednesday, up 3.7%, changing hands for $237.57 a tonne, according to Fastmarkets MB.

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