Tag: Chinese Crude Iron Ore Production

China, the world’s largest iron ore consumer produced around 114.7 MnT ROM (Run-of-mine) in Jul’17. Crude iron ore production was decreased by 8% M-o-M even when the steelmaking raw material prices are on the rise. There was a slowdown of 1% Y-o-Y as well compared with month of Jul’16 where the production was 115.7 MnT…