China's iron ore imports fell for a second straight month in November, cust...
BEIJING - China’s iron ore imports fell for a second straight month in November, customs data showed on Sunday, as lower shipments from top miners in Australia and Brazil overshadowed firm demand for the steelmaking ingredient at mills.
For the first 11 months of 2019, iron ore arrivals reached 970.69 million tonnes, down 0.7% on an annual basis. “Miners are undergoing maintenance after a strong financial year,” Darren Toh, an analyst with Tivlon Technologies, said before the data was released. Despite seasonal factors, analysts remained optimistic about iron ore demand in coming months as profits recovered at Chinese mills after a pick up in construction in November.
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
China November iron ore imports down for second month as top miners ship lessChina's iron ore imports fell for a second straight month in November, cust...
Baca lebih lajut »
China November exports fall, but import growth hints of recovering demandChina's exports in November shrank for the fourth consecutive month, unders...
Baca lebih lajut »
Uighur in Netherlands: I leaked documents on China re-education campsA middle-aged Uighur woman living in the Netherlands tells a Dutch paper that she was a source who leaked secret Chinese documents, which were the foundation of stories last month by NBCNews and journalists around the world, and now fears for her safety.
Baca lebih lajut »
China waiving tariffs on soybeans and pork could help farmers and boost U.S. exportsThe move comes as particularly good news for soybean farmers, who have seen a huge share of their market dry up since July 2018.
Baca lebih lajut »
2020 Vision: China Says Economy Will Grow Nearly 6% Yet AgainChina's official GDP forecast is coming out soon. Meanwhile, markets increasingly betting on trade war truce.
Baca lebih lajut »