[Iron ore] China's demand for iron ore imports in 2012 before the annual growth rate of 8%
The world's largest iron ore producers in Brazil River Valley Company (CVRD) is expected, China's demand for iron ore imports in 2012 before the annual growth rate of 8%.
CVRD China Representative Boladinuo said recently, from 2007 to 2012. Global seaborne iron ore import demand will grow 250 million tons, of which 76% of the growth in China is expected to be contributed. Due to strong demand for iron ore in China, this year's global iron ore market will be very tight supply, supply gap is expected to reach 600 million tons. China to meet growing market demand. CVRD iron ore this year of its production from last year's 264 million tons to 300 million tons, The company expects its 2011 output of 4.5 million tons.
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