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China Jan iron-ore imports rise on year ago, steel exports fall

China’s iron-ore imports rose 4.6% in January from the same time last year to 82.19-million tonnes, as domestic steel mills replenished inventories with cheap overseas supplies, customs data showed on Monday. The January figure was still down 14.6% on a record 96.27-million tonnes imported the previous month, however, amid a seasonal decline in steel production ahead of the Lunar New Year holiday.