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In 2012, Chinas Decline In Demand For Iron Ore. The China Iron And Steel Industry Association Is Expected In 2012, Chinas Iron Ore Imports Will Reach 730 Million Tons. In 2012 And 2013, Chinas Crude Steel Output Will Respectively For 716 Million Tons And 746 Million Tons, Year-On-Year Growth Of 4.5%, Respectively, And 4.2%.