china is major producer and importer of iron ore

Citic Metal has built a reputation as a major importer of iron ore in China since 1989. The company currently serves as the vice-secretary-general of the iron ore branch of the China Chamber of Commerce of Metals, Minerals & Chemicals Importers & Exporters (CCCMC). BM Holding Estimated 2014 trading volume: 10 million tonnes

Leave Us Now
  • How China's Surge of Iron Ore Imports Seems to be

    How China's Surge of Iron Ore Imports Seems to be

    Apr 01, 2021 How China's Surge of Iron Ore Imports Seems to be Impacting Global Steel Production. VANCOUVER, BC, April 1, 2021 /PRNewswire/ -- USA News Group - Back in the first quarter of 2020, China imposed

  • How China is moving beyond Australia for its iron ore

    How China is moving beyond Australia for its iron ore

    Apr 08, 2021 80% of China’s iron ore is imported from overseas, but it’s not clear how much of that iron ore is produced at mines that China owns interests in. China’s domestic supply suffers low grades compared to the major iron producing nations like Australia and Brazil, meaning the state has had to turn its attention overseas for iron

  • China intervenes to manage commodity prices | The Western

    China intervenes to manage commodity prices | The Western

    Aug 05, 2021 IRON ORE. China, the world’s top steel producer, is also the biggest consumer of iron ore. It brought in 1.17 billion tonnes of the steelmaking raw material in 2020

  • China’s iron ore imports up on strong demand | The West

    China’s iron ore imports up on strong demand | The West

    Mar 07, 2021 China’s iron ore imports rose 2.8 per cent for the first two months of 2021 from a year earlier, with demand for the steelmaking ingredient supported by a firm consumption outlook. The world’s top steelmaking nation brought in 181.5 million tonnes of iron ore in January and February, according to data released by the General Administration of Customs today

  • Iron Ore’s Rout Keeps Rolling as China Imposes More Steel

    Iron Ore’s Rout Keeps Rolling as China Imposes More Steel

    Sep 20, 2021 Iron Ore’s Rout Keeps Rolling as China Imposes More Steel Curbs. Krystal Chia and Yuliya Fedorinova. September 20, 2021, 5:04 AM 2 min read. (Bloomberg)

  • How the Iron Ore Market Works (VALE, RIO)

    How the Iron Ore Market Works (VALE, RIO)

    Jan 24, 2020 Though China was the No. 3 iron ore producer, it was also the top importer, buying up 63% of the global trade. Japan was the second-largest importer, purchasing 8.3% of

  • China's Top Ports: An Index for Importers and Exporters

    China's Top Ports: An Index for Importers and Exporters

    Sep 28, 2017 Ningbo and Suzhou also performed well. Ningbo grew fast and steadily, likely due to its large iron ore transshipment and oil transport base. Ningbo also has a domestic liquid chemical storage base and serves as a critical port for east China’s coal, grain storage, and transportation

  • China September imports of crude, iron ore fall but gas

    China September imports of crude, iron ore fall but gas

    2 days ago LINKS: For details, see the official customs website (www.customs.gov.cn) BACKGROUND: China is the world’s biggest crude oil importer and top buyer of copper, coal, iron ore and soybeans

  • Iron Ore Exports by Country | Industrialin

    Iron Ore Exports by Country | Industrialin

    May 18, 2020 By value, the listed 15 countries shipped 96.8% of globally exported iron ore in 2019. Among the top exporters, the fastest-growing iron ore exporters since 2015 were: China (up 17,407%), India (up 924.4%), Peru (up 173.1%) and Mauritania (up 156.5%). Advantages The following countries posted the highest positive net exports for iron ore during

  • Top five iron ore producing companies in 2020 by mining

    Top five iron ore producing companies in 2020 by mining

    May 10, 2021 Top five largest iron ore producing companies in the world in 2020. 1. Vale – 300 million tonnes. Brazilian miner Vale was the world’s top producer of iron ore in 2020, with an output totalling just over 300 million tonnes – a small decline from 2019 when it produced 302 million tonnes of the metallic ore. The Caraj s mine in northern

  • China's June iron ore imports hit 13-month low on fewer

    China's June iron ore imports hit 13-month low on fewer

    Jul 13, 2021 The iron ore imports were down 12.1% from June a year earlier. In the first half of 2021, China took 560.7 million tonnes of the ingredient, though, 2.6% higher than the same period a

  • Column: China goes from driver to brake for crude oil

    Column: China goes from driver to brake for crude oil

    Aug 09, 2021 China has switched from driving global demand for major commodities to being a drag on growth, with July's customs data confirming the weakening trend for

  • China's Jan-Sept iron ore imports dip 3% YoY | Mysteel Global

    China's Jan-Sept iron ore imports dip 3% YoY | Mysteel Global

    During the first nine months of this year, China’s imports of iron ore reached 842 million tonnes, according to the latest statistics from the country's General Administration of the Customs (GACC) released on October 13, representing an on-year decline of 3%

  • Iron ore inventory at Chinese ports up 1.29 percent

    Iron ore inventory at Chinese ports up 1.29 percent

    Sep 02, 2021 On August 30, inventory of iron ore at 33 major Chinese ports amounted to 120.16 million mt, up 1.29 percent compared to August 23, as announced by China's Xinhua News Agency. During the given week, import iron ore prices increased sharply after falling to their lowest level since November 2020. However, the rising deliveries in the global iron

Relate Blog

Click avatar to contact us
Click avatar to contact us
gotop