China’s iron ore imports dip in August
China’s iron ore imports eased slightly in August even as the country’s crude steel output rose during the month.
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Shipments totalled 69.01 million tonnes, down 5.7% from 73.14 million tonnes in July but still 10.6% higher on the year.
China’s crude steel output averaged 2.138 million tpd in August, up 1.2% on the month, according to data released by the National Bureau of Statistics on September 10. The figure follows three consecutive months of declines.
Arrivals from Australia – China’s top supplier – fell 7.7% month-on-month to 34.84 million tonnes, while those from Brazil edged upwards by 3.4% over the same period to 13.59 million tonnes.
Mauritania surged ahead to eighth place on China’s list of top suppliers, with 1.11 million tonnes of shipments, up 91.8% month-on-month.
Iron ore imports in August
69.01 million tonnes
Down 5.67% month-on-month
Up 10.6% year-on-year
Top iron ore suppliers in August
(million tonnes, month-on-month change)
Australia: 34.84, -7.7%
Brazil: 13.59, 3.4%
South Africa: 3.58, -14.9%
Iran: 2.15, 14.9%
Ukraine: 1.75, 171.5%
Indonesia: 1.27, -24.8%
Sierra Leone: 1.24, -9%
Mauritania: 1.11, 91.8%
Malaysia: 1.06, 17%
Source: Chinese customs