China: Iron ore and pellet imports down 8% m-o-m in Nov’20

China – the world’s largest iron ore consumer and importer recorded imports of iron ore at 98.15 mn t in Nov’20, according to the General Administration of Customs. The imports fell 8% on monthly basis compared to 106.74 mn t in Oct’20. Imports fell on lower shipments from key suppliers. The country’s total imports for Jan-Nov’20 was recorded at 1.07 bn t, exceeding CY19 total imports of 1.06 bn t.