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10 Nov
00:00

Hebei APEC restrictions cutting 780,000 t/d of ore demand: reports

Restrictions on sintering in China’s Hebei province during the Asia-Pacific Economic Cooperation (APEC) summit in Beijing could reduce iron ore demand by up to 780,000 tonnes/day, according to analysts quoted in China Business News. However, the temporary nature of the restrictions mean they should no longer have a significant impact on market prices, Kallanish notes. Last week Beijing tightened restrictions on polluting industries, including the steel…
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