In the period from January to September of this year, China's iron ore imports totaled 954.967 million tons, up 4.1% from last year, down 1.4 percentage points from the growth recorded in the first eight months of this year, according to the latest data released by the General Administration of Customs of China (GACC)).
Imported iron ore prices in China have mostly declined after peaking at $102.8 per tonne CFR recorded on September 8, it fell to its lowest level in a month - $95 - on September 29, as steel demand and restocking The iron ore did not meet expectations.
In September alone, China's iron ore imports totaled 109.817 million tons, up 1.6 percent month-on-month, while declining 5.6 percent year-on-year.
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