1. China imported 699.05 million tonnes of iron ores in the first nine months of 2015, nearly the same as that for the same period of 2014, according to data released by the General Administration of Customs (GAC) on Tuesday.
2. China exported 83.11 million tonnes of steel products in the first nine months of 2015, up 27.2 percent year on year, according to data released by the General Administration of Customs (GAC) on Tuesday.
3. Iron ore inventories at the 33 major Chinese seaports monitored fell 5.28 percent week on week to 77.27 million tonnes as of October 12, according to the Xinhua-China Iron Ore Price Index (Xinhua-China IOP Index) released on Tuesday.
4. China exported about 23,400 tonnes of rare earths in the first three quarters of 2015, up 15.8 percent year on year, according to General Administration of Customs (GAC) on Tuesday.
5. China exported about 3.56 million tonnes of aluminum and aluminum products in the first three quarters of 2015, up 17.7 percent year on year, according to General Administration of Customs (GAC) on Tuesday.
6. Prices of rare earth minerals are expected to rebound in the short term as large producers announced to cut production. However, downstream demand remains weak and it will be hard for the prices to continue an uptrend, said analysts.
7. Xiamen Tungsten (600549.SH) announced on Tuesday that it will cut output of rare earth smelting and separation products this year to prop up prices.
8. The China Iron Ore Price Index (CIOPI) dipped 1.16 percent to 204.36 on Tuesday, according to China Iron and Steel Association (CISA). On Tuesday, the homegrown iron ore price index dipped 0.19 to 203.52, and the imported iron ore price index dropped 1.43 percent to 204.59.
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