Author: Admin Operation
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China mills’ iron ore stocks hit a record low
Over December 2-15, stocks of imported iron ore sintering fines at the 64 Chinese steelmakers under Mysteel’s tracking touched a low since the survey was commenced on July 4 2014, with the total declining to 13.8 million tonnes, down for the fourth week by another 877,100 tonnes or 6% on fortnight. Market sources cited steel…