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China’s iron ore imports may drop 21% this year

Posted on May-01-2009· by

China Metallurgical Mining Enterprise Association President Zou Jian said at a conference in Beijing on steel industry, because of the demand fell sharply, China’s iron ore imports this year may drop 21%. He said that iron ore prices falling down is inevitable, iron ore imports this year may drop to 350 million tons, dropped by about 21% compared with last year.

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