Tag: China mills iron ore stocks

Over December 30-January 12, stocks of imported iron ore sintering fines at the 64 Chinese steelmakers under Mysteel’s survey mounted to a five-month high of 15.8 million tonnes, up for the fourth week by another 1.1 million tonnes or 7.3% on fortnight. Market sources attributed the increase in ore stocks to steelmakers’ active buying. “Most…