China lump prices rise in wake of sintering cuts in Tangshan

摘要

Demand for lump was seenrising in China this week after sintering cutswere announced in Tangshan last weekend,with end-users looking to secure direct feedraw materials to continue steel production.S&P Global Platts assessed the spotlump premium at $0.32/dry mt unit Tuesday,up $0.007/dmtu from Monday.Local authorities in Tangshan innortheast Hebei province ordered steel millsto reduce sinter output over the weekend ina bid to reduce air pollution.