Tag: SteelMint Morning Brief
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Can China reduce iron ore imports by 150 mn t in H2 CY’21?
Under the “capacity and output control” policy, China is expected to slash 150 mn t of iron ore imports in H2 CY’21. According to data from the General Administration of Customs, China imported 746.45 mn t of iron ore in the Jan-Aug’21 period – a yearly decrease of 1.7%. Under the “capacity and output control”…