GACC: China's iron ore imports grow 5.2% on year in Jan-Aug

China imported a total of 815 million tonnes of iron ore over January-August, logging an on-year increase of 5.2%, new statistics released by the country's General Administration of Customs (GACC) published on September 10 show.

However, during August China's iron ore imports performed rather weakly, the data indicate, with the ore import total declining by 1.4% on month or 4.7% on year to reach 101.4 million tonnes. A Shanghai-based market source was not surprised to see iron ore imports retreat in August, pointing out that demand for the critical