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8 Jun 2017
China May iron ore imports recover from six-month low- RTRS
According to the latest data from China’s General Administration of Customs, China's iron ore imports rose 5.5% in May from a year earlier, recovering from a six-month low in April., Reuters reports.
China customs cited increased demand from the mills in the top steelmaking nation, as the key reason behind the recovery in the imports.
Imports of iron ore last month reached 91.52 million tonnes, up from 86.75 million tonnes a year ago and April's 82.23 million tonnes, the lowest since October 2016.