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China’s iron ore imports up 35.3% in June, highest since Oct 2017

According to Chinese customs authorities on July 14, China imported 101.682 million tonne of iron ore, up by 35.3% year-on-year, while increasing by 16.8% month-on-month in June this year.

In the January-June period of this current year, iron ore imports in China increased by 9.6% year-on-year, reaching 546.907 million tonne, with the year-on-year rise 4.5 percentage points higher than that recorded in the first five months of this year.

Iron ore prices have moved up recently due to good demand from Chinese steelmakers and surging iron ore futures prices at Dalian Commodity Exchange (DCE). Bullish sentiment prevails among participants in the iron ore market due to the strong performance of the stock market in China and the appreciation of the Chinese currency.


 

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لوريم ايبسوم هو نموذج افتراضي يوضع في التصاميم لتعرض على العميل ليتصور طريقه وضع النصوص بالتصاميم سواء كانت تصاميم مطبوعه لوريم ايبسوم ليتصور طريقه لوريم ايبسوم.

About AISU

Arab Iron and Steel Union was established in Algeria in 1972 as the first Arab Union of the Arab countries to be founded under the Council of Economic Unity umbrella in the League of Arab States.

It is the first Arab organization to specialize in the iron and steel field, and its tasks fall within making plans aimed mainly at developing and growing the iron and steel industry in the Arab world.

Arab Iron and Steel Union comprises a wide range of multi-activity companies related to the iron and steel industry from the Arab countries.

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300.000 Employees

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