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IRON ORE DAILY: Prices rangebound amid concerns over mill margins Iron ore prices were rangebound on Friday June 21 with more concerns raised over the profit margins of Chinese steelmakers. 62% Fe Iron Ore Index: $116.98 per tonne cfr Qingdao, down $0.27 per tonne.

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In all ore dressing and milling Operations, including flotation, cyanidation, gravity concentration, and amalgamation, the Working Principle is to crush and grind, often with rob mill & ball mills, the ore in order to liberate the minerals. In the chemical and process industries, grinding is an important step in preparing raw materials for subsequent treatment.

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Mar 08, 2018· The fast-rising scrap market has outpaced iron ore prices, making iron ore the most cost-effective raw material for mills. Based on the analysis, domestic scrap is statistically $31/mt overvalued, when compared with iron ore (using historical pricing …

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The Northern China import price of 62% Fe content ore jumped 1.6% on Thursday to exchange hands for $76.10 per dry metric tonne according to data supplied by The Steel Index. It's the highest price since early April and the steelmaking raw material is now trading 43.6% up from its 2017 lows struck in June.Iron ore's latest rally comes after Shanghai rebar futures – the world's most traded ...

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