China bought most iron ore from Australia, Brazil in 2020, but imports from India up nearly 90% - Business News: Latest Share Market , Economy & Finance News | Trendmergers

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China bought most iron ore from Australia, Brazil in 2020, but imports from India up nearly 90%

Australian shipments rose 7% to 713 million tonnes, while Brazilian supplies were up 3.5% at 235.7 million tonnes, data from China's General Administration of Customs showed on Wednesday. "The two countries' rise could not fully meet China's demand," said Tang Chuanlin, analyst with CITIC Securities, "Mills had to buy from other countries."

from Industry-Economic Times
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