Tag: Chinese spot Iron ore Prices
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China Iron Ore Import Increases in Mar’16
As we have reported earlier, China iron ore imports increases by 16% in Mar’16. The world’s largest consumer of iron ore, China imported 85.7 MnT iron ore in Mar’16.China imports more than two third of seaborne iron ore. Country majorly imports from Australia, Brazil and South Africa. Among total imports in Mar’16, Australia contributed 64%,…