Tag: Top Iron Ore Importing Countries in 2022

China is globally the largest iron ore importer. However, its import volumes dropped almost 3% y-o-y to 1,097 mnt (1,126 mnt in 2021) due to its own challenges. First was the production cuts effected to curb crude steel production. Secondly, the collapse of the property sector, the largest steel consumer along with infrastructure construction, leading…