China to scrap iron-ore import licenses after battles with miners

China planned to scrap a decade-old iron-ore import licensing system this year, an industry source with direct knowledge of the matter said, opening-up an import market that takes two-thirds of the world's international iron-ore trade.

via Business feed http://www.scmp.com/business/commodities/article/1260255/china-scrap-iron-ore-import-licenses-after-battles-miners