China will cut iron ore imports by 21%
As per industry group, China may cut imports of iron ore by about 21% this year as demand from mills dropped. For full story, click here
As per industry group, China may cut imports of iron ore by about 21% this year as demand from mills dropped. For full story, click here
Australia’s Fortescue Metals Group is reported to be in talks to sell iron ore to European steel mills. Executive Director Graeme Rowley stated: We are negotiating that right now. For full story, click here
By Kishori Krishnan Exclusive To Iron Investing News Ahead of contract talks, iron-ore miners are seeking a price rise. On the horizon is a firmer demand in China, which has ensured that despite concerns about the length and depth of the global recession, iron ore miners are pushing for as much as a 5 per [...]
The government in China said that steel mills in the coastal region of China should increase the use of imported iron ore to cut down the number of iron ore importers and to lower prices of imported iron ore. For more information, click here
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