China: iron ore mining by month 2024 | Statista
In May 2024, approximately 88.48 million metric tons of crude iron ore was extracted in China. Iron ore mining in China As the world's largest iron ore importing country since 2014, China's iron ...
Column: China, decarbonization present Australia's iron ore …
Australia is the world's largest exporter of iron ore, the key raw material used to make steel, and it shipped out about 930 million metric tons last year, which at current prices would be worth ...
China says boosts iron ore concentrate capacity to secure …
China has added 50 million metric tons of iron ore concentrate capacity from 2022, state media quoted an official at the industry association as saying on Monday, part of a plan to boost production of the key steelmaking ingredient. China, the world's top steel manufacturer, needs to import 80% of its iron ore. It has pledged to increase ...
China plans sharp increase in overseas iron ore output by …
The most-traded Dalian iron ore futures has gained 5% so far this year and stood at 730 yuan ($115.66) per tonne as of 0330 GMT on Tuesday, after the state planner held meetings with market ...
Iron Ore Prices Rise as China Ramps Up Imports
The global increases parallel China's primary domestic price benchmark. The iron ore futures contract on the Dalian Commodity Exchange reflected this when it concluded at 988 yuan ($137.68) per ...
China's strong iron ore imports diverge from weak steel …
China, which buys more than 70% of global seaborne iron ore volumes, saw imports rise by 5.5% in the first quarter to 310.13 million metric tons, up 15.79 million from 294.34 million in the first ...
Iron ore price rebounds to 6-week high on renewed China …
The most-traded September iron ore contract on China's Dalian Commodity Exchange (DCE) ended daytime trade 3.08% higher at 888 yuan ($122.55) a metric ton, its highest since March 8.
China's 2023 iron ore imports hit a record high on rising …
China's iron ore imports in 2023 hit a record high, up 6.6% from a year before, customs data showed on Friday, thanks to stronger demand amid a lack of government-mandated steel output caps and higher-than-expected steel exports. The world's largest iron ore consumer brought in a total of about 1.1…
The end of China's property boom could hurt iron ore
Jan 3, 2024 – 4.05pm. China's love affair with property may be ending but no one seems to have told iron ore traders. Imports of the transitional metal used for construction steel rose in 2023 ...
Iron Ore 62% Fe, CFR China (Platts) Overview
Specs. Margins. Calendar. Discover a more efficient solution for hedging Iron Ore price exposure against marginal cost of production swings and supply-side price squeezes. Experience up to 45% margin offsets versus other cleared, correlated contracts and only post margin on the residual risk as the contract month progresses.
TRADE REVIEW: Chinese iron ore demand hinges on China's …
The Asian iron ore market is bracing for an uncertain second quarter, with spot prices for seaborne material plunging to an 11-month low and recovery hinging on a …
China's iron ore imports up 6.9% in first seven months
During the period, China imported a total of 669 million tons of iron ore, up 6.9 percent from the same period last year, according to the data. In the January-July …
China says boosts iron ore concentrate capacity to secure …
China has added 50 million metric tons of iron ore concentrate capacity from 2022, state media quoted an official at the industry association as saying on …
Iron Ore Price Talks Reach a Crossroads: Can China Get …
Chinese steelmakers imported 443 million tons of iron ore in 2008, up nearly 16% year on year, accounting for more than half of the world's seaborne iron ore shipments. Strong demand from China ...
Instant view: China's 2023 crude oil, iron ore imports hit all …
China's crude oil, iron ore and coal imports in 2023 hit a record high, data from the General Administration of Customs showed on Friday, as demand recovered from a pandemic-induced slump despite ...
Australia to continue to supply most of China's …
China, the world's largest iron ore consumer, will not be able to find alternatives to Australian iron ore in the short term as the production of other major exporters, such as Brazil, was affected by the …
China 2021 iron ore imports at 1.12 billion tonnes, down …
China's iron ore imports dropped in 2021, down 4.3% from the previous year's record annual high, as steel production curbs imposed to combat pollution dented …
Weekend Long Read: How the Big Four Iron Miners Squeeze …
In 2020, the average price of China's imported iron ore came to approximately $101.65 per ton, a year-on-year increase of 7.2%. With rises in both the …
China 2020 iron ore imports hit record as infrastructure …
China's iron ore imports hit a record high in 2020, jumping 9.5% from a year earlier as the country beefed up spending on infrastructure to help spur the world's second-biggest economy amid the ...
Iron ore: China's Guinea mine is about security, not economics
With Australia now providing about 60 per cent of the iron ore used to make steel in China, any rational Chinese official would worry about the dangers of overdependence not just on a single ...
China's New Iron Ore Buyer Sets Off Biggest Shakeup in Years
A new state-owned company called China Mineral Resources Group is poised to become the world's biggest iron ore buyer as soon as next year, when it will begin consolidating purchases on behalf of about 20 of the largest Chinese steelmakers including leader China Baowu Steel Group Corp., according to people familiar with the …
(PDF) Low-Carbon Development for the Iron and Steel Industry in China
Low-Carbon Development for the Iron and Steel Industry in China and the World: Status Quo, Future Vision, and Key Actions. November 2021 ... Unlike in the blast furnace (BF), the iron ore is not ...
Iron ore price dips as falling China demand, high shipments …
The most-traded September iron ore contract on China's Dalian Commodity Exchange (DCE) ended daytime trade 1.1% lower at 899 yuan ($124.10) a metric ton.
Iron ore in China
Iron ore production in China and major projects. Brought to you by. Iron ore. According to GlobalData, China is the world's fourth-largest producer of iron ore in 2022, with output down by 6.94% on 2021. Over the five years to 2021, production from China increased by a CAGR of 23% and is expected to drop by a CAGR of 3.18% between …
Brazilian iron ore could be key to China's decarbonization …
Brazilian iron ore could be key to China's decarbonization targets. Of the 388 million tons of iron ore Brazil exported last year, 64 percent went to China, with 76 percent coming from Vale. The mining giant says it has what it takes to help the global steel industry cut emissions. Brazil's dependence on exports to China has only increased ...
China 2020 iron ore imports hit record on robust post-virus …
By Min Zhang and Shivani Singh. BEIJING, Jan 14 (Reuters) - China's iron ore imports hit a record high in 2020, jumping 9.5% from a year earlier as the country beefed up spending on infrastructure ...
China's Missing Scrap Steel Tidal Wave Boosts Iron Ore
China needs a better scrap iron collection and transport system, says Morgan Stanley. AFP PHOTO/Mark RALSTON via Getty Images) Iron ore, which has consistently traded above $100 a tonne for the ...
Iron ore price at almost 2-week high on better China data, …
The most-traded September iron ore contract on China's Dalian Commodity Exchange (DCE) ended daytime trade 2.5% higher at 840 yuan ($115.58) a metric ton, …
Iron ore in China
According to GlobalData, China is the world's fourth-largest producer of iron ore in 2022, with output down by 6.94% on 2021. Over the five years to 2021, production …
Introduction: Overview of the global iron ore industry
As shown in Fig. 1.3, China is the largest iron ore importing country and imported about 69% of the world's seaborne iron ore in 2019, followed by Japan (7.5%), South Korea (4.8%), and Germany (2.7%). These statistics are clear indicators of iron ore consumption and demonstrate that the Asian countries continue to drive the expansion of …