Tag: China portside inventories
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China: Seasonal supply increase to weigh on Chinese iron ore prices in May
Higher steel margins support mill production growth Chinese hot metal output rises 5.2% m-o-m Mysteel Global: Prices for imported iron ore in China are expected to soften in May, pressured primarily by a potential surge in global shipments during the traditional peak supply season, according to Mysteel’s latest monthly report on the commodity. During April,…