[Industry Alert]The Link Relative Ratio of Import Iron Stone in China falls 1.88

In January, China imports 32.65 million iron stones, down 1.88 million tons than that was in December 2008.

According to the data from General Administration of Customs, in January 2009, China imported 32.65 million tons, down 1.88 million tons than it was in December 2008. The sum for import is 2.64002 billion dollars, down 458.45 million dollars that it was in December 2008.

The fall of import iron stone conflicted to the rise of ocean freight. According to analyst, in January, 2009, China will import 1.36 million tons iron stone everyday and the link relative ratio went up 250 thousands tons, up 22.5%.

According to analyst, the import of stone iron will increase in China. The storage of iron stone in steel factory falls, while the iron stones in merchants increase.
Tile February 6, the storage of iron stone is 60 million tons in 19 ports in China.