12
Jan
09:13
China’s annual iron ore imports hit record high
China’s annual iron ore imports in 2023 broke through the previous historical high set in 2020, despite the country’s crude steel output remaining weak, Kallanish notes from the General Administration of Customs.
In December, iron ore shipments to China amounted to 100.86 million tonnes, down 1.8% on the prior month but up over 11% from a year earlier. Meanwhile, the average recorded price reached $123.3/t, the highest level last year. The value was 5.…
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Anonymous
Very good overview of the weekly steel market.
Anonymous