China's iron ore imports fell 2.4% in November

Published: Dec 9, 2019 10:22
The imports fell for the second consecutive month in Nov

SHANGHAI, Dec 9 (SMM) – China's iron ore imports fell for the second consecutive month in November, shrinking 2.4% from a month ago to stand at 90.65 million mt, according to the latest data by China Customs.

The imports unexpectedly declined by 6.5% in October after three straight months of increase. 

On a yearly basis, imports were 5.1% higher in November. 

Customs data showed that China took 971 million mt of seaborne iron ore and concentrates in January to November, 0.7% lower from the same period a year earlier.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn
For more information on how to access our research reports, please contact:service.en@smm.cn
China's iron ore imports fell 2.4% in November - Shanghai Metals Market (SMM)