Tag: China Iron Ore
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Chinese mills’ iron ore use drops, stocks mount
Over May 19-25, the daily consumption of imported iron ore sintering fines among the 64 Chinese steel mills under Mysteel’s survey eased to 544,000 tonnes/day – a low since April 8, marking the third straight week dip by another 8,900 t/d or 1.6%. And stocks of these fines at the sampled steelmakers grew further during…