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GACC: China's 2021 iron ore imports dip 4% on year

ABSTRACT

China's iron ore imports in 2021 totaled 1.12 billion tonnes, down 3.9% from the new record high of 1.17 billion tonnes reached in 2020, according to data released by the country's General Administration of Customs on January 14.
For December 2021 alone, China's iron ore imports reversed down significantly by 18.9 million tonnes or 18% on month to around 86.1 million tonnes, or a low since March 2020, after a marked uptick in November, Mysteel Global calculated based on the GACC data. This plunge meant that the on-year

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