Iron-ore extends gains above $140 on optimism for China demand

Iron-ore set for biggest weekly gain since March on China hopes

Vale, a global mining company, said it welcomed China's latest resolve to further open to the rest of the world.

ASEAN is the biggest trading partner of Guangdong, one of the major production bases in the world.

From January to April, Heilongjiang's imports rose 38.9 percent to 63.73 billion yuan, while its exports grew 15.6 percent to 14.04 billion yuan, according to the Harbin customs in the provincial capital.

The higher tax is effective 22 May, India's finance ministry said on 22 May 2022.

NEW DELHI - The increase in export taxes on iron ore, announced by the Indian government over the weekend, will lead to large surpluses at home, and mainly hit producers of low grade ores that depend on overseas markets, a mining industry body said on Monday.

The Argus 62pc index stood at $129.10/dmt on 17 May, down by 40pc on the year.