Tag: China Iron ore Import
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China mills’ imported iron ore stocks hit record low
Inventories of imported iron ore sintering fines stockpiled at 64 Chinese steel mills included in Mysteel’s regular survey fell to 13.5 million tonnes over July 14-20, marking the record low since the commencement of the survey in July 2014. Steelmakers’ buying for ore remained slack and they intended to keep their raw material stocks at…