Author: Nidhi Awasthi
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China: Iron ore imports fall 5% y-o-y in Aug’24 on lower hot metal output, high port inventories
China’s iron ore and pellet imports touched 101.39 million tonnes (mnt) in August 2024, according to the General Administration of Customs. For the world’s largest iron ore consumer and importer, August’s imports marked a 5% decrease y-o-y from the 106.41 mnt registered in the corresponding period last year, driven by reduced hot metal production and…