iron ore import

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China increased iron ore imports by 6.7% y/y in January-July

In July, imports increased by 10% y/y and 5.3% m/m

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Dynamics of iron ore imports to China are dictated by prices

Chinese steelmakers are restocking despite uncertainty about steel demand

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Turkey imported 694 thousand tons of iron ore from Ukraine in January-May

The total import of iron ore to the country for 5 months amounted to 4.48 million tons

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Turkey imported 618 thousand tons of iron ore from Ukraine in January-April

The total import of ZRS by Turkish consumers during the period amounted to 3.6 million tons

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China increased iron ore imports by 7% y/y in January-May

The increase in raw material imports contrasts with the weakness of steel production

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China increased steel exports by 27% y/y in January-April

The import of steel products during this period decreased by 3.7% y/y

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Turkiye imported 75 thousand tons of ore from Ukraine in January

The total import of raw materials to the country in January 2024 decreased by 18.7% y/y

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China’s new state-owned company has begun negotiations with major iron ore suppliers

Several leading Chinese steel mills have delegated all urgent procurement to China Mineral Resources Group

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China reduced iron ore imports by 2.1 m/m in July

For seven months, the volume of raw material imports increased by 6.9% y/y

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Turkiye imported 227.5 thousand tons of iron ore from Ukraine in May

The supply of Ukrainian iron ore to Turkish consumers resumed for the first time since January 2023

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China increased iron ore imports by 7.7% y/y in January-June

In June, Chinese steelmakers increased the import of iron ore by 7.3% y/y

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China increased iron ore imports by 5.1% y/y in April

In January-April, Chinese steelmakers increased imports of iron ore by 8.6% y/y

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