GACC: China's iron ore imports rise 4% YoY in Jan-Nov

China, the world's largest iron ore consumer, bought a total of 1.12 billion tonnes of iron ore during January-November, marking an increase of 4.3% from the same period last year, according to the latest statistics released by the country's General Administration of Customs (GACC) on December 10.

However, the country's iron ore imports last month came in at 101.9 million tonnes, lower than the 103.8 million tonnes recorded in October and the 102.7 million tonnes in November 2023, the GACC data show. The weaker performance of iron ore imports over the past month was related to the gradual reduction