GACC: China's Jan-Feb iron ore imports up 7.3%

China imported a total of 194.2 million tonnes of iron ore during January-February, higher by 13.3 million tonnes or 7.3% from the first two months of last year, according to new statistics released by the country's General Administration of Customs on March 7.

China's Customs has combined January and February foreign trade data since 2020 to synchronize with data released by China's National Bureau of Statistics, as normal data collection and releases tend to be disrupted by the Chinese New Year break that usually falls in these two months, Mysteel Global notes. Specifically,