Tag: China Iron ore Import
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China Iron Ore Import Moves Up by 9% Inspite of Falling Steel Demand
China imported 82.13 MnT iron ore in Nov’15. Import was recorded at 75. 52 MnT in Oct’15. Iron ore import moved up by 9% M-o-M. Import volumes rose by 22% Y-o-Y against 67.4 MnT in the same consecutive month a year back. Couple of reasons behind higher import are continuous declining iron ore prices, curtailment…