Tag: iron ore price drop
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China: Iron ore imports fall by 3% y-o-y in H1CY’25; further drop likely in H2
Crude steel production drop weighs on H1 imports Imports rise 8% m-o-m in Jun on restocking activity China, the world’s largest iron ore consumer and importer, recorded iron ore and pellet imports at 592.21 million tonnes (mnt) in H1CY’25 (January-June 2025), according to the General Administration of Customs. Imports dropped 2.98% y-o-y from 610.42 mnt…