After a seven-days-long holiday of China and its marketers being back, there is a review on the Iranian export Iron ore in Bandar Abbas port and Chinese ports: All Iranian export iron ore had a USD +2 growth and a +3.1% to +8.7% increase during last week depending on the product. Dalian Commodity Exchange Index…
iron ore exports
China No Longer Buys Scrap!
China imported no scrap on August 2019. This is the first time since 1999 that China purchased no scrap; end the story that it is the world’s first buyer of scrap! It caused scrap steel price to grow to USD 387, up 18$ compared with previous year. But China government still persists on importing no…