Tag: China iron Ore imports
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China Iron Ore Imports Hit Record High in CY’17; Up 8% Y-o-Y
China, the world’s largest importer of iron ore has imported 1.075 BnT iron ore in CY’17, up 8% Y-o-Y as against 1BnT in CY’16. Demand for high grade imported ore spurred in China owing to government regulations to make use of high-grade ore to curb pollution, supporting imports to China from Australia and Brazil. Chinese…