China iron ore imports rose by 3.4% MoM in November, with the import volume anticipated to decrease in December
- Des 13, 2023, at 10:17 am
- SMM
Per the General Administration of Customs data, October's iron ore and concentrate imports totaled 99.385 million mt, down 1.8% MoM, primarily due to reduced working days resulting from holidays.
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SMM Morning Comment For SHFE Base Metals December 13
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Higher industry concentration boosts bargaining power, enhancing negotiation skills in raw material procurement like iron ore, and improving profit distribution along the industry chain
