GACC: China's iron ore imports fall 2% YoY in Jan-Jul

China imported a total of 696.6 million tonnes of iron ore during January-July, marking a 2.3% decline compared with the first seven months in 2024, according to the latest statistics released by the country's General Administration of Customs (GACC) on August 7.

The world's top iron ore consumer brought in 104.6 million tonnes in July, higher by 1.8% on year but down by 1.3% from June, according to the Customs data. Australian iron ore miners, the major suppliers of China's iron ore imports, usually scale back shipments in July after a ramp-up