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China shuns Indian iron ore in favour of Australia's

Andrew Topf | June 25, 2017 | 3:38 pm Asia China Iron Ore 

Chinese steel mills are turning their backs on India and embracing Australia as a source of higher-grade ore for steelmaking. According to a report from Macquarie Research, Indian exports of iron ore dropped by 53%, to 23 million tonnes (mt)...

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