China iron ore imports hit record in ’12
Jan 23, 2013 | 09:55 AM
SINGAPORE China generally imported more steelmaking raw materials last year compared with 2011, Chinese customs data show.
Iron ore imports rose 8.4 percent from 2011 to a record 743.55 million tonnes.
Several large iron ore traders imported more iron ore in December compared with Novemberarrivals from Australia and Brazil rose 1 percent and 42.2 percent, respectively, to record levelsamid expectations of a further rise in prices, market sources told AMM....
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