Tag: CY iron ore data
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China: Iron ore imports rise 2% y-o-y in CY’25 even as steel output drops
Steel export strength, policy support hopes keep imports high Periodic winter, pre-holiday restocking support base demand China’s iron ore imports remained resilient in CY’25 at 1,260 million tonnes (mnt), rising 1.8% y-o-y to an all-time high from around 1240 mnt in CY’24, despite weak steel demand and margin pressure. Monthly arrivals averaged 105 mnt, staying…