Subscribe to RSS feedChina jumped the gun over iron ore imports
by
Obsidian
—
last modified
Mar 19, 2009 12:00 AM
China has “jumped the gun” by importing too much iron ore and producing too much steel in the past two months.
China imported a record 46.7m tonnes of iron ore in February, an increase of over 43% from the 32.7m tonnes imported in January, Imarex Asia said in its China Weekly report.
Crude steel production fell in February to 40.5m...
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