BEIJING : China's imports of iron ore in the first two months of 2023 grew 7.3 per cent from the same period a year earlier, customs data showed on Tuesday, as buyers anticipated higher domestic steel demand in after the government lifted tough COVID-19 containment measures. China, the world's largest iro
BEIJING : China's imports of iron ore in the first two months of 2023 grew 7.3 per cent from the same period a year earlier, customs data showed on Tuesday, as buyers anticipated higher domestic steel demand in after the government lifted tough COVID-19 containment measures.
China releases combined data for January and February to account for distortion created by the irregular timing of the week-long Lunar New Year holiday, which began on Jan. 21 this year. Miners shipped more volume to China due to lacklustre demand in other markets, said a Beijing-based analyst who spoke on condition of anonymity.
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