China`s iron ore imports up 20.2% in Oct
Source: www.chinamining.org Citation: China Knowledge Date: Nov.12, 2013
China, the world`s largest steel maker, imported 67.83 million metric tons of iron ore and concentrate in Oct this year, reflecting an increase of 20.2% from the same month of last year, according to the latest statistics released by the General Administration of Customs.
The iron ore imports last month were 9.05% less than in Sep.
The average import price was at US$128.57 per metric ton in Oct, up 1.89% from the previous month.
In the first ten months of this year, the country`s iron ore imports rose 10.1% year on year to 668.35 million metric tons, with the average import price falling 2.3% year on year to US$129.1 per metric ton.
China exported 5.07 million metric tons of steel products last month, taking its total exports of steel products to 51.97 million metric tons in the first ten months, and reflected a growth of 13.6% year on year.
The administration also said that its coke exports skyrocketed 257% year on year to 3.24 million metric tons from Jan to Oct.
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