GACC: China's H1 iron ore imports down 3% YoY

China imported a total of 592.2 million tonnes of iron ore in the first half of this year, 3% lower than the total during the same period in 2024, the latest statistics released by the country's General Administration of Customs (GACC) published on July 14 show.

However, in June alone, China's monthly iron ore imports jumped by 8% from May to an intra-year high of 105.9 million tonnes, with the volume also being 8.5% higher compared with the same month last year, according to historical GACC data. The significant increase in June's ore imports was within