China iron ore imports to increase

摘要

Maersk Broker has forecast that China's iron ore imports will grow 7% this year to 670 mt, compensating for weaker European and Japanese demand. It will take the global seaborne iron ore trade to 1.02 bt, passing the 1 bt milestone for the first time, it said.rnLondon broker Simpson, Spence & Young has forecast seaborne iron ore trade at 1.01 bt this year while Clarkson Research Services estimates it at 991 mt.