China May Iron Ore imports Tise 2.1pc on Month

  • Sunday, June 9, 2013
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  • Keywords:Iron Ore
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[Ferro-Alloys.com] China imported 68.56 million tonnes of iron ore in May, up 2.1 percent from April and the third highest on record, data from customs showed on Saturday, with local steel mills still running at close to record rates.
 
Year to date imports reached 322 million tonnes, up 4.7 percent compared to last year.The increase was driven primarily by Chinese steel production, with daily runs hitting a record 2.193 million tonnes in the first 10 days of May and tailing off only slightly over the remainder of the month.
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