Bumper month for China ore imports as mills liquidate stocks

摘要

China’s December iron ore importshit a record high for the month of 96.3 millionmt, as many Chinese steel mills imported morethan usual in order to resell and boost year-endcash flow, market sources said Thursday.December import volumes were up 17.2%from November and 10.9% year on year,according to the data released Wednesday bythe General Administration of Customs.