-
China May iron ore imports fall on lower Brazil supply
China's iron ore imports fell in May, dragged down by lower shipments from Brazil as well as weak domestic demand. China's iron ore imports fell by 0.4pc on year to 97.71mn t in May, according to preliminary Chinese customs data. In January-May, imports rose by 6.1pc on year to 516.33mn t, according to Chinese customs data sourced through Global Trade Tracker (GTT). Imports from China's biggest supplier, Australia, fell by 1.9pc on the year to 61.39mn t in May, driven by lower shipments from Australia's two largest iron ore export hubs — Port Hedland and Dampier port in May. In January-May total imports from ... (full story)
- Comments / Top
- Subscribe
-
Related Stories
From fastmarkets.com | 3 hr ago
Market participants warn the long-term indirect fallout could be far more significant, as the EUs shrinking capacity to absorb imports ripples through the third-country markets China has increasingly relied on to place its surplus even as some product categories also face direct quota cuts of up to 64%. The EUs new safeguard regime, which took effect on ...
From miningweekly.com | 45 min ago
China's central bank reported its biggest monthly increase in gold reserves in more than two and a half years in June, official data showed on Tuesday, although bullion prices tumbled. China's central bank maintained gold purchases for a twentieth straight month, with its reserves hitting 75.44-million fine troy ounces by the end of June, versus ...
In May 2026, the trade balance deteriorated by 1.5 billion to -6.9 billion, following the improvement observed in April (+1.0 billion). This change is explained by a decrease in exports (-1.1 billion) combined with a more moderate increase in imports (+0.4 billion). The decline in exports in May 2026 was mainly due to a drop in military equipment sales ...