Author: Parul Jain

The world’s largest consumer of iron ore, China has imported 92 MnT iron ore in Jan’17. The country imports more than two-third of seaborne iron ore. In Jan’17, iron ore imports were up by 3% M-o-M. However, on the Y-o-Y basis, country’s import increased by 12% as it was 82 MnT in the same consecutive…