Tag: China pellet import
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China: Pellet imports drop nearly 30%, y-o-y, in H1CY’22 on weak demand
China’s imports of iron ore pellets and concentrates dropped 27% y-o-y to 9.33 million tonnes (mn t) in H1CY’22 (Jan-Jun’22) as against 12.82 mn t recorded in the corresponding period last year (CPLY), according to the General Administration of Customs. Imports moved down y-o-y due to sustained crude steel production cuts, inactive bookings by traders…