China’s strong demand pushes iron ore price to increase
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Update time : 2020-05-18 20:49:55
According to the market in China, iron ore prices had been supported by strong market demand.
Recently, Baowu Steel, the largest steelmaker in China, had shown its interest to invest overseas’ mine with domestic or foreign partners, to get more control right of the raw material supply.
Currently, the shipment of iron ore in China was keeping strong in both supply and demand, and the output of steel also kept resuming gradually.
