Tag: China Iron Ore
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China mills’ iron ore use hits 7-month high
The daily consumption of imported iron ore sintering fines at the 64 Chinese steel mills under Mysteel’s survey hit a seven-month high of 533,200 tonnes/day over March 31-April 6, up by 18,800 t/d or 3.7% on week. Some steelmakers in Tangshan were able to buy and consume more ore during the week, market sources said,…