China’s iron ore imports grows 29% in Apr

May 23, 2008

May 23 (China Knowledge) – China’s iron ore imports volume amounted to 42.85 million tons in April, representing a rise of 29% compared with the same period of last year, according to statistics released by China’s General Administration of Customs on Thursday.

China’s iron ore import jumped 15.2% during the Jan-Apr period, which brought its total import volume up to 153.49 million tons, according to the statistics.

Currently, China is the world’s largest iron ore importer, with. It imported large amount of iron ore mainly from Australia, Brazil India and BrazilIndia ranking the top three iron ore supply countries..

In addition, newspapers posted that China’s Iron and Steel Association has urged its members to control iron ore imports as port stocks have surged to a record high, undermining Chinese steel producers’ position in price talks with Australian miners.

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