China: Iron ore imports increase 10% on a monthly basis in Aug’21

China, the world’s largest iron ore consumer and importer, recorded imports of iron ore (including pellets) at 97.49 mn t in Aug’21 as against 88.51 mn t in Jul, according to the General Administration of Customs. Imports picked up 10% on month due to increased shipments from key countries. China’s cumulative import volume was recorded at 746.45 mn t during the Jan-Aug’21 period, down 2%, y-o-y.