Author: Parul Jain
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China: Iron Ore Imports Up by 3% in Jan’17
China, the world second largest importer of iron ore has imported 92 MnT iron ore in Jan’17. Iron ore imports have moved up by 3% M-o-M. Imports rose despite a week-long Chinese New Year Holiday from 27 Jan’17. In addition, the low cost seaborne supply from Australia and Brazil continue to increase the supply which…