China makes the price of iron ore go up

The Air Cleaning Operation, whose purpose is Haze Containment and the reorganizing to the steel industry of China, is remodeling the global iron ore market, pushing the mining enterprises to invest billions of dollars to reform the mines which were unwelcome before.
In order to reduce the amount of overcapacity and improve air quality, China, this world-leading steel producing country is eliminating and improving hundreds of old inefficient blast furnaces. The transition of the iron ore demand, makes the price of which contains more Fe go up.
Many mining senior executives and analysts believe, the premium of high-grade iron ore will not change in future.
Thus foreign media said that this kind of victory may be temporary, because numbers of large-scale iron ore manufacturers enhanced the mining to high-grade iron ore.