Chinese ore stocks dip but demand still high
by
Obsidian
—
last modified
Feb 12, 2009 12:00 AM
Iron ore stocks at China's ports fell 2% to 58.6m tonnes last Friday, compared with two weeks earlier.
Chinica Shipbuilders (Shanghai) said in a report that stocks at Qingdao and Rizhao, the two ports with the highest storage capacity, were both running full, although Rizhao stocks edged lower from two week's earlier.
Imports are likely to increase from...
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