According to the latest data, for the period from January to August of this year, imports of iron ore to China amounted to 845.271 million tons, which is 5.5% more than in the same period last year, which is 0.4 percentage points lower than the growth recorded in the first seven months of this year, according to the General Administration of Customs of China (GACC).).
In August, iron ore prices initially declined and then rose. The upward trend in iron ore prices in August 2026 was not driven by an improvement in fundamentals, but rather by the combined effect of political expectations and cost support.
In August alone, China's iron ore imports totaled 108.085 million tons, which is 0.4% more than in the previous month and 3.1% more than last year.
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