May 16, 2020· “With the market tight, it is difficult forChinato sourceiron orefrom alternative sources.” In the first four months of 2020,Chinaimported 360Mt ofiron ore, up 5.8% on the same months in 2019. In the first quarter, Chinese steel output rose 1.2% year on year.Chinaimports 72% of theiron oreit feeds into steelmillfurnaces.
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