| The China Iron and Steel Association expects the country's iron ore import prices to ease this winter as domestic steel mills maintain low steel output ahead of and during the festive season, the association said Monday, January 5, in its latest market analysis.
Demand for iron ore is unlikely to improve and an oversupply will persist, resulting in a moderate softening of prices, especially for imported cargoes, the report said. Iron ore imports meet about 70% of China's total steelmaking demand...............................................Full Article: Source
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