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Iron ore firms as China’s ore imports, steel exports hit record highs
Iron ore futures edged up on Wednesday after China reported its highest ever monthly imports of the steelmaking ingredient and record-high steel exports. The most-traded May iron ore contract on China’s Dalian Commodity Exchange (DCE) was 0.49% higher at 824.5 yuan ($118.17) a metric ton, as of 0326 GMT. The benchmark February iron ore on the Singapore Exchange was up 0.29% at $108.65 a ton. China’s steel exports hit a record monthly high in December, data from the General Administration of Customs showed, fuelled by front-loading driven by Beijing’s announcement of an export licence requirement for shipments ... (full story)
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From cnbc.com | Jan 13, 2026
China’s exports growth in December sharply beat expectations, catapulting the annual trade surplus to a record high, even as imports rose at their fastest pace in three months. Exports surged 6.6% in U.S. dollar terms last month from a year earlier, Chinese customs data showed Wednesday, topping analysts’ median estimate for a 3% growth and accelerating ...
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