Tag: China Iron Ore
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China: Iron ore and pellet imports hit a record high in CY’20
China, the world’s largest iron ore consumer and importer recorded imports of iron ore at 1.17 bn t in CY’20, according to the data released by the General Administration of Customs. The imports picked by 9% on a y-o-y basis. The imports increased on rising demand due to infrastructure spending to facilitate economic recovery amid…