China's iron ore imports down in July 2017

According to the data released by China Customs on Tuesday, China imported 86.Asian Metal Copyright5% YOY.Asian Metal Copyright25 million tonnes of iron ore in July 2017, down by 8.Asian Metal Copyright9% MOM and 2.Asian Metal Copyright9% MOM and 2.Asian Metal Copyright Analysts noted that the fastest pace of the expansion in China's steel industry since April 2016 was seen in July 2017 mainly because Chinese smelters increased their production based on low levels of stocks and rising steel prices.Asian Metal Copyright4% YOY.Asian Metal Copyright2% MOM.Asian Metal Copyright During The first seven months of 2017, China imported 625 million tonnes of iron ore in total, up by 7.Asian Metal Copyright96 million tonnes of steel in July, down by 32% YOY, though up by 2.Asian Metal Copyright5% YOY.Asian Metal CopyrightAccording to the data released by China Customs on Tuesday, China imported 86.Asian Metal Copyright Meanwhile, China exported 47.Asian Metal Copyright96 million tonnes of steel in July, down by 32% YOY, though up by 2.Asian Metal Copyright95 million tonnes of steel in all during the first seven months, down by 28.Asian Metal Copyright7%.Asian Metal Copyright7%.Asian Metal Copyright In particular, China exported 6.Asian Metal Copyright In particular, China exported 6.Asian Metal Copyright Analysts noted that the fastest pace of the expansion in China's steel industry since April 2016 was seen in July 2017 mainly because Chinese smelters increased their production based on low levels of stocks and rising steel prices.Asian Metal Copyright96 million tonnes of steel in July, down by 32% YOY, though up by 2.Asian Metal Copyright4% YOY.Asian Metal Copyright2% MOM.

Analysts noted that the fastest pace of the expansion in China's steel industry since April 2016 was seen in July 2017 mainly because Chinese smelters increased their production based on low levels of stocks and rising steel prices. The future prices of Chinese rebar were close to the highest level since 2013 on Tuesday, but steel mills were still producing steel vigorously.Asian Metal Copyright9% MOM and 2.Asian Metal Copyright The expansion of China's steel industry has led to strong demand for iron ore in the world, and further promoting prices to go up.Asian Metal Copyright The future prices of Chinese rebar were close to the highest level since 2013 on Tuesday, but steel mills were still producing steel vigorously.Asian Metal Copyright Imported iron ore stocks in China's major ports are close to the highest level in 2013 at present.

.Asian Metal Copyright Analysts noted that the fastest pace of the expansion in China's steel industry since April 2016 was seen in July 2017 mainly because Chinese smelters increased their production based on low levels of stocks and rising steel pricesAsian Metal Copyright