MNI BRIEF: China Iron Ore Imports Improve In September

Oct-13 03:31By: Lewis Porylo
CHINA+ 1

China’s imports of iron-ore reached 116 million metric tonnes in September, up 10.5% m/m, according to customs statistics released on Monday.

Beijing’s inbound shipments of iron-ore now total 918 million metric tonnes during the first nine months of the year, down 0.1% y/y, improving from the -1.6% during the first eight months.

China’s crude oil imports reached 47 million metric tonnes in September, down from 49 million metric tonnes in August, while total imports rose 2.6% y/y during the first nine months, from an increase of 2.5% during the eight months, statistics showed.