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Platts reported China imported 6% more iron ore year on year to 57.87 million tonnes in July.
Platts reported China imported 6% more iron ore year on year to 57.87 million tonnes in July.
As quoted in the market news:
It imported 4.07 million mt from South Africa in July, up 71% year on year, the data showed.
Imports from India totaled 2.5 million mt in July, down 37% year on year. India raised the export duty on its iron ore fines and lump to 30% from 20% on December 30, 2011.