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China’s Iron Ore Imports Drop, Will Prices Stay Elevated?

Anuradha Garg
China’s Iron Ore Imports Drop, Will Prices Stay Elevated?

China consumes more than 70% of seaborne-traded iron ore. As a result, iron ore investors should track China's demand and outlook. Today, China released its trade data for June. China's iron ore imports were 75.18 million tons in June—9.7% lower YoY (year-over-year) and 10.2% lower month-over-month. In June, China's imports fell to the lowest level […]