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Mining News Pro - According to reports, China`s carbon stock price has risen to 4% in the last seven years.
According to Mining News Pro -The reason for the rise in carbon stock prices in China is environmental constraints and a decline in the supply of this primary material to steel production.
The price of coke is due to the growth of steel prices, which has caused the price of this raw material to reach the highest level in recent years.
The Chinese government`s policy is to restrict industrial production, including steel and coke for the current year.
Iron ore imports to China in July compared to June rose 8 percent to 90 million tons, with iron ore reaching 154 million tons, but still the highest record for June is recorded at 162 million tons. By contrast, steel production has declined due to environmental policies.
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https://www.miningnews.ir/En/News/242204
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