Iron Ore: Grade is king but the throne will .
Higher iron ore grades boost the furnace''s productivity by sparing slag volume in the blast oxygen furnace (less coke/lime usage) as well as demonstrating a higher permeability with the gasses. Rio estimates for every 1% of increased iron ore grade the productivity is 2% higher for the Chinese mills centred in the north. From the different behaviour in higher high grade premiums vs the now ...