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Home Icon > About Us > News > Chinese steel stockpiles retreating, a positive indicator for iron ore demand

Chinese steel stockpiles retreating, a positive indicator for iron ore demand

Chinese steel stockpiles reached record highs amid the coronavirus outbreak, but are now steadily easing. This paints the picture of an increased construction activity and a growing seaborne demand for the key dry bulk commodity of iron ore. Demand returning to normal levels Steel inventories in China have been showing a steady downward trend following ...

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