Interesting read:...

Interesting read:
https://www.spglobal.com/platts/en/...uncertainty-to-iron-ore-steel-prices-wood-mac

"China's "'blue sky action plan' offers tougher limits and proposes a quicker shift to cleaner fuels such as LNG and electricity, and high grade iron ore, coal and metals," Sharma said.
"The measures taken so far are falling short of government goals and public expectations."
China's import iron ore pellet premiums have surged, with the S&P Global Platts weekly assessment hitting a record $61.95/dry mt on July 4.
Demand for the direct charge feedstock rose on steel margins incentivizing utilization, and measures limiting domestic iron ore material and sintering of iron ore fines. Lump iron ore premiums have also picked up over June, with imports mainly from Australia and South Africa.

China's State Council released a three-year action plan to cut air pollution on July 3 which extended the target area to more cities, mainly in northeast and eastern China.
"With expansion of the target area, we estimate more than half of China's steel-making capacity will now come under scrutiny on emissions control and will be subject to production curbs during autumn and winter."
"This means steel production growth could slow later this year keeping the market tight and prices higher. Demand for high grade iron ore will continue to find support as mills will chase productivity to maximize output."

What I love most. is the last phrase !