Author: Ritik Gupta
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China: BF mills’ imported iron ore stocks hit 9-month low
Australian iron ore prices decline by 1% w-o-w amid limited demand Post-holiday restocking subdued, only 7% of BF mills earning profits Stockpiles of imported iron ore sintering fines held by Chinese integrated steelmakers continued falling in the past week amid mills’ steady consumption and slow replenishment of the feed, Mysteel’s latest survey showed. As of…