Tag: China iron Ore imports

  • China to face iron ore oversupply in 2023

    China to face iron ore oversupply in 2023

    China’s iron ore market will witness a supply surplus this year as ore supply is seen growing overall while demand among steelmakers is likely to soften, according to Mysteel’s newly published report on iron ore market trends for 2023. Domestic iron ore supply including both output from local mines and imports is forecast to increase…