It is reported that Liaoning-based Dalian port has imported 1.37 million tonnes of iron ore up by 26.2%MoM or 39.8%YoY. As learned, the main drivers behind the large growth on imported iron ore are as follows. 1. The national macro control policy has speeded up the operation of medium and small sized steel mills, which is considered as the major element.
2. The demand recovery of iron ore transportation resulted from the inventory consumption from last November.
3. The traders rush to purchase the ores at present in case the spot price hikes after the iron ore talks on April.
In sum, the imports of iron ore this year is going to be further observed in the days to come.
2. The demand recovery of iron ore transportation resulted from the inventory consumption from last November.
3. The traders rush to purchase the ores at present in case the spot price hikes after the iron ore talks on April.
In sum, the imports of iron ore this year is going to be further observed in the days to come.