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09 Aug
11:25

China’s iron ore imports slow

China has begun to slow iron ore imports, due in part to steel output reductions implemented by Chinese authorities and mills, and expectations of further reductions in the coming months. China imported 88.5 million tonnes of iron ore and concentrate in July, down 1.02% month-on-month and 21.43% year-on-year, respectively, Kallanish notes from General Administration of Customs data. Meanwhile, the average reported import price during the month was&n…
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