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iron ore import - Latest news GMK Center

Photo – China reduced iron ore imports by 8.4% y/y in January-February
China reduced iron ore imports by 8.4% y/y in January-February

Analysts had expected a 10% drop in imports of these raw materials

Photo – Turkey imported 1.1 million tons of iron ore from Ukraine in January-November
Turkey imported 1.1 million tons of iron ore from Ukraine in January-November

Total imports of iron ore to the country for 11 months amounted to 9.08 million tons

Photo – India increases ore imports to 6-year high in November
India increases ore imports to 6-year high in November

Import volumes increased amid fluctuations in global commodity prices and lower domestic supplies

Photo – Iron ore imports to China may reach a record in October
Iron ore imports to China may reach a record in October

The country is likely to import up to 120 million tons of this raw material during this period

Photo – Turkey imported almost 1 million tonnes of iron ore from Ukraine in January-July
Turkey imported almost 1 million tonnes of iron ore from Ukraine in January-July

The total import of iron ore to the country for 7 months amounted to 6.68 million tons

Photo – China increased steel exports by 21.3% m/m in August
China increased steel exports by 21.3% m/m in August

Low domestic sales and fears of an increase in trade conflicts in the future contributed to the hyped sales

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

Photo – Dynamics of iron ore imports to China are dictated by prices
Dynamics of iron ore imports to China are dictated by prices

Chinese steelmakers are restocking despite uncertainty about steel demand

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

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

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

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