Tag: China iron ore mill stock
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China mills’ iron ore stocks dip to 8.5-year low
Chinese steelmakers continue to keep a tight rein on their inventories of iron ore, with the volume of imported iron ore sintering fines stockpiled at the 64 Chinese steel mills under Mysteel’s weekly survey shrinking to an 8.5-year low of 10.3 million tonnes during February 16-22, down by another 4.3% on week and making for…