China steel market walks high wire between cutting output, boosting growth | Kitco News

Iron ore prices have been boosted by weather-related supply issues in number two exporter Brazil, and the likely loss of exports from Ukraine, the fifth biggest shipper, following the invasion by Russia on Feb.

China’s iron ore inventories at ports dropped to 152.9 million tonnes in the week to April 15, down from the recent high of 160.95 million in the week to Feb.

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