GACC: China's H1 iron ore imports up 6% YoY

China imported a total of 628.9 million tonnes of iron ore in the first half of this year, 6.3% higher than during the same period last year, the latest statistics released by the country's General Administration of Customs (GACC) published on July 14 show.

The growth in H1 imports was largely driven by a strong performance in the first quarter, which benefited from fewer weather-related disruptions in Western Australia. Import volumes in Q1 surged 10.5% on year, markedly outpacing the 2.3% on-year growth recorded in Q2, Mysteel Global calculated based on the official