Between January and July of this year, China's iron ore production totaled 536.055 million tons, down 8.7% year-on-year, 1.7 percentage points faster than the decline recorded in the first six months of this year, according to China's National Bureau of Statistics (NBS).
In July of this year, the prices of imported iron ore first increased and then decreased. In July, iron ore prices reached their highest level since July 15 at $101.95 per tonne, while in July it dropped to its lowest level at $96.6 per tonne. 30.
In July, China's iron ore production totaled 67.148 million tons, which is 20.0% less than last year and 4.6% less than last month
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