Page 21 - Import Export News Today

Looking forward to March, domestic consumption has entered the peak season.

SHANGHAI, Mar 16 (SMM) – The import window looks unlikely to open in March.

In the short term, Indonesia will ban the export of bauxite in June. At the same time, alumina plants in the areas were costs are high have reduced imported ore purchases to control cost.

SMM statistics showed that the global iron ore shipments totalled 31.45 million mt in the week ending March 10, an increase of 1.9% week-on-week.

SMM statistics showed that China’s steel product port shipments under domestic trade totalled 5.51 million mt in the week of March 4-10, down 1% week-on-week.

The Central Bureau of Investigation (CBI) investigates the cases of corruption, bribery and misconduct of Union government employees. It also conducts probes into the cases relating to infringement of fiscal and economic laws. The agency also investigates serious crimes, having national and international ramifications, committed by organised gangs of professional criminals. On

The iron ore inventories across 35 ports in China tracked by SMM totalled 138.11 million mt as of February 24, up 4.47 million mt MoM, but down 15.13 million mt YoY.

The iron ore inventories across the ten major ports in China accumulated 8.9% MoM to 97.18 million mt as of February 24. The inventory grew across the four major varieties.

Total import-export revenue in the first two months of this year is estimated at 96.06 billion USD, down 13.2% year-on-year, with Vietnam posting a trade surplus of 2.82 billion USD, the General Statistics Office (GSO) has reported.

SHANGHAI, Mar 3 (SMM) - Iron ore imports from Australia and Brazil have recovered recently after the weather improved, which were higher than in the same period of previous years.