Tag: China crude iron ore production

China, the world’s largest iron ore consumer produced around 119.2 MnT ROM (Run-of-mine) in Oct’16. Crude iron ore production slightly increased by 0.2% last month despite a steady increase in raw material prices throughout the month. On Y-o-Y basis, crude ore production was down by 3% as it was 125 MnT in Oct’15. The decrease…