Tag: China Iron Ore
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China mills’ iron ore use rises, stocks drop
Daily consumption of imported iron ore sintering fines among the 64 Chinese steelmakers Mysteel samples regularly increased by 11,900 tonnes/day on week to reach 530,100 t/d on average over October 27-November 2, the latest survey showed. Market sources attributed the lift in usage to steelmakers in North China’s Hebei and East China’s Shandong resuming production.…