China's iron ore imports drop last year as production costs rise

13:36, February 24, 2011      

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China's imports of iron ore stood at 618.64 million tonnes in 2010, down 9.13 million tonnes compared to the previous year, figures released Thursday by the China Iron and Steel Association showed.

But spending on the imports hit 79.43 billion U.S. dollars, up 29.28 billion U.S. dollars, the figures showed.

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