Constantly growing steel output in China despite production cuts is spurring the demand for iron ore, on trading platformsin particular.According to the report by COREX presented at CISA conference in Dalian, during January-August 2018, the transactionvolume on the largest iron ore platform in China was 24.08 million t. It is 3 million t per month on average, soCOREX is on the way to reach the record high of 36 million t in 2018 if the raw material consumption remains resilient,Metal Expert calculated.
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