Rizhao Port iron ore imports up 44.7 pct in January

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Rizhao Port iron ore imports up 44.7 pct in January

Shanghai. February 1. INTERFAX-CHINA - China's iron ore imports through Rizhao Port in Shandong Province hit a historical high of 11.1 million tons in January, up 44.7 percent over the same period of 2009, state media reported on Feb. 1.

Iron ore shipments to the port surged in January after blizzards diverted ships that had been intended for other ports in northern China, according to a Rizhao Daily report. The additional shipments made Rizhao Port China's largest importer of iron ore in January. The port's iron ore stockpiles stood at 980 million tons as of Jan. 29, according to MySteel Information.

China imported 62.16 million tons of iron ore in December 2009, according to latest Chinese government statistics.

-LCL