China October iron-ore imports lowest since Feb - customs
Source: www.chinamining.org Citation: Reuters Date: November 08, 2016
China imported 80.8-million tonnes of iron-ore in October, the lowest since February and down 13% from the previous month, official data from China`s customs showed, as steel mills curtailed output amid tightening profits and soaring costs.
Compared with a year ago, shipments of the steelmaking ingredient were still up 7%.
Imports of steel products fell 4.4% to 1.08-million tonnes while exports fell 12.5% to 7.70-million tonnes, data from the General Administration of Customs showed.
About CHINA MINING
Since first held in 1999, the scope and influence of CHINA MINING has grown rapidly year by year. As a global mining summit forum and exhibition, CHINA MINING Congress and Expo has become one of the world’s top mining events, and one of the world’s largest mining exploration, development and trading platforms, covering all aspects of the whole mining industry chain, including geological survey, exploration and development, mining rights trading, mining investment and financing, smelting and processing, mining techniques and equipment, mining services, etc. playing an active promotion role in creating exchange opportunities and enhancing mutual cooperation between domestic and foreign mining enterprises.
CHINA MINING Congress and Expo 2017 will be held at Meijiang Convention and Exhibition Center in Tianjin China in September23-25, 2017. We invite you to join the event and to celebrate the 19th anniversary of CHINA MINING with us. For more information about CHINA MINING 2017, please visit: www.chinaminingtj.org.
