Steel products exports up 30% in first two months Full-year iron ore demand could be dampened by steel cut plan
BEIJING, March 7 (Reuters) - China’s iron ore imports rose 2.8% for the first two months of 2021 from a year earlier, customs data showed on Sunday, as demand for the steelmaking ingredient was supported by a firm consumption outlook.
The world’s top steelmaking nation brought in 181.5 million tonnes of iron ore in January and February, up from 176.6 million tonnes for the same period a year earlier, according to data released by the General Administration of Customs.
The rise was within analysts’ expectations, as shipments from China’s top two suppliers grew steadily. Those arrivals from Australia and Brazil rose 11% to 164 million tonnes, Refinitiv vessel-tracking data showed.
China Jan-Feb iron ore imports up 2 8% on healthy demand
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China Jan-Feb iron ore imports up 2 8% on healthy demand
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Speculative buying lifts China iron ore futures to contract high | Hellenic Shipping News Worldwide
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