Tag: Chinese Crude Iron Ore Production

China, the world’s largest iron ore consumer produced around 115.49 MnT ROM (Run-of-mine) in Aug’17. Crude iron ore production was increased by 1% M-o-M even when the steelmaking raw material prices have sustained for a while. There was a slowdown of 0.34% Y-o-Y compared with the month of Aug’16 where the production was 115.1 MnT…