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Mackenzie said the spike in iron ore prices was the result of short covering, and given how quickly the price fell, he is probably correct. According to a report at CNBC, Mackenzie remains positive on China:

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List of china iron ore mills - Crusher Unit. Iron ore at 1-wk top as chinese boost stocks, rebar at 7-mth high . jan 28, 2013 some steel mills from china, the biggest buyer of the world's iron ore, are still ...

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Chinese iron ore and steelfutures surged to three-month highs on Monday as thegovernment-ordered steel production cutbacks led to tightersupplies for some mill …

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China iron ore concentrates price up $1.50/dmt, domestic… - list of china iron ore mills, A sales official from an iron ore mine in east China agreed, saying it had raised list prices by Yuan 20/dmt week on week."Our local mills do notIn China, all the large and most of the medium to small steel mills are our customers.

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Iron and steel industry in the United States ... In 2014, the United States was the world's third-largest producer of raw steel (after China and Japan), and the sixth-largest producer of pig iron. The industry produced 29 million metric tons of pig iron and 88 million tons of steel. Most iron and steel in the United States is now made from iron and steel scrap, rather than iron ore…

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State-owned China Beijing International Mining Exchange, or CBMX, owner of the country's first spot iron ore e-trading platform, has decided to transfer ownership of the platform to a joint venture comprising 13 Chinese steel mills, trading houses and overseas miners, the exchange said Monday. CBMX ...

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FILE PHOTO: Labors work on a pile of iron ore at a steel factory in Tangshan in China's Hebei Province November 3, 2015. REUTERS/Kim Kyung-Hoon/File Photo

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2 China imported iron ore is normalized to 62 percent Indian fines. 3 China iron ore Price is the weighted average price of China domestic iron ore, steel mills' captive ore, and China imported iron ore (include spot and contract product) .

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China's steel mills are opting to buy higher grade iron ore cargoes domestically and from the seaborne import market over readily-available mostly medium and lower grade port stocks as this is proving more economical …

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