Excessive iron ore imports emerge in H1
Post Date: 15 Aug 2009 Viewed: 663
China saw a year-on-year increase of surprising 31 percent in iron ore imports in the first seven months of this year, caused by higher steel prices at home, mills and importers’ concern over the uncertainty of future market and, undoubtedly an uncontrolled buying by some importers, said a source with the Ministry of Commerce.