China July Iron Ore imports surge amid growing Australia, Brazil supply
BEIJING (Scrap Register): China’s iron ore imports surged 21% in July from the month before to their highest level since January, customs data showed, as supply grew from miners in Australia and Brazil.
Arrivals of iron ore, a key steelmaking raw material, came in at 91.02 million tonnes in July, according to data from the General Administration of Customs.
That was up from a 40-month-low of 75.08 million tonnes in June and 1.2% higher than 89.3 million tonnes in July 2018.
Over the first seven months of 2019, China imported 590.08 million tonnes of iron ore, down 4.9% from the same period last year, the customs data showed.
