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China in November set a new iron ore import record

Китай в ноябре установил новый рекорд импорта железной руды
The largest consumer in the world of iron ore raw materials, China set in November 2013 a new record level of iron ore imports at the level of 77 million 840 thousand tons, which is 12.9 percent higher than in the previous month and 15.5 percent higher than in APPG-2012.

For 11 months since the beginning of 2013, the import of iron ore raw materials to China jumped 10.9 percent to 746 million 100 thousand tons. This is evidenced by the data from the China’s customs statistics published today.

Iron ore is very popular in China after the solution of metallurgical companies to replenish the reserves of raw materials that have been reduced in the summer to the lowest level since 2009. A positive steel market and demand growth became decisive factors in the growing market of metallurgical raw materials.

According to Shanghai Steelhome, iron ore reserves in Chinese ports last week increased by 6 percent, increasing to the highest level this year by 85 million 400 thousand tons. The prices for ore in the port of Tianzin increased to $ 139.70 - a four -month maximum.


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