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202512· China, which buys more than two-thirds of global seaborne cargoes, imported 1.124 billion tons of iron ore in the first 11 months of 2024, up 4.3% year-on-year, even as its …
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616· Sharp price rises, including a doubling in the cost of iron ore in 2020-, have reduced Chinese steel mills’ margins to the low single digits over recent years.
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