Tag: China pellet import
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China: Pellets imports drop over 30% y-o-y in Jan-Sep’22 on weak demand
China’s imports of pellets and concentrates dropped 33% y-o-y to 12.3 million tonnes (mnt) in January-September, 2022 as against 18.33 mnt recorded in the corresponding period last year (CPLY), according to the General Administration of Customs. Imports fell y-o-y due to sustained crude steel production cuts, slow bookings by traders in anticipation of weak demand…