Source: China – South China Morning PostChina plans to raise its equity output of iron ore in overseas mines to 220 million tonnes by 2025, as well as increase domestic raw material supplies, state-backed China Metallurgical News said on Tuesday.China aims to “fundamentally” solve the shortage issue in steelmaking ingredients in 10-15 years, Luo Tiejun, the vice-chairman of the China Iron and Steel Association, was quoted as saying, citing what he called a “cornerstone plan”.The plan, which the steel body said in January it had…Read More