Author: Nidhi Awasthi
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China: Iron ore imports rise by 6% y-o-y in H1CY’24 on supported steel demand
China, the world’s largest iron ore consumer and importer, recorded iron ore and pellet imports at 611 million tonnes (mnt) in H1CY’24 (January-June, 2024), according to General Administration of Customs. The imports witnessed 6% increase y-o-y compared to 577 mnt in the same period last year. This increase is driven by steady crude steel production…