China's iron ore output falls in Oct, supporting prices
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Update time : 2025-11-21 15:26:53
According to statistics released by the National Bureau of Statistics (NBS) of China, China's domestic iron ore production declined in October 2025, indicating sustained tightening of supply that supports market prices.
Total output in October was around 84 million tons, falling by 0.28% compared to the preceding month and by 2.9% from the same month a year ago.
The cumulative production for the first ten months of 2025 amounted to about 851.74 million tons, a year-on-year drop of 3.2%.
This continued reduction in domestic output increases the possibility of market shortages, which is expected to push up spot iron ore prices.
