Analysis Of China Iron Ore Imports In March

Published: May 16, 2023 13:37

Source: SMM

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SHANGHAI, May 16 (SMM) – According to customs data, China’s iron ore import volume in March was 100.23 million mt, up 10.6% MoM.

March is the traditional peak season. A large number of real estate and infrastructure projects commenced construction, boosting steel demand and driving steel mills to restart their blast furnaces. This had a positive impact on the iron ore market, with iron ore demand and imports growing significantly in March.

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