Commodities: China’s May Report

CNBC reported on commodities trading in China for the month of May, noting iron ore is expected to see little change.

As quoted in the market news:

Traders said they expected iron ore imports to register only a slight monthly drop in May. Although some deliveries were being deferred, steel mills were still defying sluggish demand and producing close to full capacity, making a sharp fall in shipments unlikely

Click here to read the full CNBC report.