According to statistics released by the National Bureau of Statistics (NBS) of China, China produced a total of around 330.8 million tons of iron ore in the first four months of this year dropping by nearly 1% compared to the year-ago period.
The iron ore output in April amounted to approximately 85.8 million tons, down by 4.5% year on year. The import prices during the period showed an overall downward trend, because the steel producers’ profitability decreased, which weakened the demand for iron ore imports.
Comments
No comment yet.