China's appetite for iron ore stays strong in July

Aug 04, 2009 | 08:17 AM |

Iron ore imports via China's main ports totaled 56.5 million tonnes in July, according to Transport Ministry statistics, suggesting that the country's appetite for ore remains strong.

The ministry's figures are calculated differently and published separately from official Chinese Customs figures, but are nevertheless a strong indicator of market trends. In April, when official imports reached an all-time high of 57 million tonnes, the Transport Ministry figure was 3.5 million tonnes lower.....

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