China’s iron ore imports drop in May
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Update time : 2021-06-09 16:32:45
According to statistics from China Customs, China’s iron ore imports totaled around 89.8 million tons in May, sliding by nearly 9% compared to the previous month, due to due to seasonal factors and a decrease in Australia’s shipment. However, the figure was up by 3.2% from the same month a year ago.
In the first five months of this year, China’s iron ore imports amounted to roughly 471.77 million tons, a year-on-year increase of 6%.