BEIJING, March 7 (Reuters) – China’s iron ore imports in the first two months of 2024 climbed 8.1% from the previous year, customs data showed on Thursday, as steelmakers restocked to meet production needs during and after the week-long Lunar New Year holiday break in February. The world’s largest iron ore consumer brought in 209.45 million metric tons of the key steelmaking ingredient over the two-month period. The number works out a monthly average of 104.73 million tons, versus a monthly average of 98.39 million tons in 2023, according to a Reuters calculation. That compared to 100.86 million tons imported in December. China combines import data for January and February into one release to smooth out the impact of the…
Published Date: 2024-03-07
Source: Market Screener
Categories: Business, International Business and Trade, Import and Export, Agriculture and Forestry, Marketplaces, Consumer Goods and Services
