China’s total iron ore imports in 2021 dipped slightly, by 3.4% 1.13 billion tonnes (bnt) against 1.17 bnt seen in 2020. The data reveals that the share of fines in 2021 was at 798 mnt, lumps at 184 mnt, followed by concentrate at 121 mnt with pellets bringing up the rear at a mere 22 mnt.
China’s pellets imports witnessed a sharp decline of 50% y-o-y during CY’21 to 22.52 mnt against 45.04 mnt in the same period last year.
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