China H1 iron ore imports increased by 23%

July 10, 2008

July 10th (Steel Guru) – Bloomberg reported that China, the world’s largest iron ore consumer imports of the steelmaking ingredient rose 23% in the first six months from a year ago.

The general customs office said in a statement, China imported 230 million tonnes in the first half. It said the average price gained 77% to USD 132.60 per tonne in the period from a year ago.

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