Sojitz, a big trader in iron ore from Brazil to Japan, also have customers in China.
https://www.sojitz.com/en/business/service/mineral/post-20.php
This is where Bloom Lake's ore is heading to as Magnus Oldendorff has now departed Sept-Iles and due to arrive Qingdao, China in about 6 weeks:
http://www.marinetraffic.com/en/ais...36016211/imo:9648893/vessel:MAGNUS_OLDENDORFF
Qingdao is the biggest inbound iron ore port in the world and is the port that the 62% Fe benchmark price is based on:
https://www.platts.com/IM.Platts.Co...OreBenchMarkPrices/Platt IODEX in English.pdf
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Sojitz, a big trader in iron ore from Brazil to Japan, also have...
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