China's domestic production of iron ore has halved from 350 mt average since 2007-2014 pa.
This isn't a slow down for china as the imports are now around 1 billion mt.
I have read most of the heavy RE China produces are a byproduct from the iron ore mining ops.
If that's true does that equate to heavy RE stockpiles shrinking and just the start of a larger price hike for HRE.
Sorry in advance as to not replying to any feed back today as I'm off to work.
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