China’s iron ore imports dipped 0.6% YoY in March

SHANGHAI, Apr 14 (SMM) – China’s imports of iron ore and concentrate dipped 0.6% in March from a year earlier to 85.91 million mt, according to data from the General Administration of Customs released on Tuesday.

Total imports in the quarter ended March came in at 2.63 million mt, up 1.3% from the same period a year earlier.

Customs data also showed that China exported 6.48 million mt of steel products in March, up 2.3% from the same month of 2019.

China’s exports of steel products totalled 14.29 million mt in the first three months of this year, seeing a decline of 16% from the same period last year.