China steel mill spreads highest since 2010 on steel price rises

摘要

Steel mill spreads in China in August hit thehighest levels since at least 2010, potentiallyaiding profitability at mills and demandfor higher quality import raw materials forenhancing productivity.Further rounds of steel price increasesled to a surge in the spreads, as iron oreand coking coal import prices into Chinaclimbed.