China March iron ore imports edge up, steel exports near 8-year high
BEIJING (Reuters) -China's iron ore imports in March rose about 0.5% from a year earlier, customs data showed on Friday, amid expectations that demand will pick up after the Lunar New Year holiday break as steelmakers typically ramp up production. The world's largest iron ore consumer brought in 100.72 million metric tons of the key steelmaking ingredient last month, data from the General Administration of Customs showed. The relatively high level of imports were probably driven by expectations steel mills would resume production in March, which would then push up ore demand, said...
Source: yahoo.com