Tag: China Iron ore Import
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China’s Slower Economic Growth Impacts Iron Ore Imports
Persistent weakness in steel demand forced Chinese mills to cut back iron ore import. In Aug’15, China’s iron ore import is recorded at around 74.12 MnT against 86.1 MnT in July’15. Imports dropped by 14% M-o-M. Import in first eight months of 2015 is recorded at 613 MnT, dropped by 0.2% Y-o-Y. Contraction in imports…