China's large & medium-sized iron ore miners face huge turnover increment this Apr
Views : 349
Update time : 2020-06-08 15:17:19
According to the market from China, the large and medium-sized iron ore mining companies in China had faced a great increment in their total turnover, with around CNY 1.5 billion this April, which increased by almost 90% year on year.
In the first 4 months of this year, the total turnover of them was around CNY 5.3 billion, increased by 50% year on year.
Among them, the main reason for the huge improvement in their financial performance was caused by the strong resuming iron ore demand in China plus the low market supply and low inventory level, which caused the iron ore price to stay strong in China this year.
