Update: China imports of iron ore and concentrate up 5.4% YoY in January-April

Published: May 7, 2020 14:41
China imported 358.4 million mt of iron ore and concentrate in the first four months of 2020, up 5.4% from the same period last year, the country’s General Administration of Customs said Thursday.

This article was updated to correct China’s imports of iron ore and concentrate and exports of steel products for the month of April, according to the latest data from China’s General Administration of Customs.

 

SHANGHAI, May 7 (SMM) – China imported 358.4 million mt of iron ore and concentrate in the first four months of 2020, up 5.4% from the same period last year, the country’s General Administration of Customs said Thursday.

 

The imports totalled 262.73 million mt for the January-to-March period, with a year-over-year increase of 1.3%.

 

China’s imports of iron ore and concentrate stood at 95.71 million mt for April, jumping 11.4% from March, according to SMM calculations based on customs data.

 

Customs data also showed a decline of 11.7% in China’s exports of steel products for the January-to-April period, compared to a drop of 16% in January-March.

 

China’s General Administration of Customs said that the country exported 20.6 million mt of steel products in the first four months of this year.

 

The exports were 631,900 mt for April, down 2.4% from March, according to SMM calculations based on customs data.

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