China's iron ore imports in April fell to the lowest level in 18 months as ...
FILE PHOTO: Piles of imported iron ore are seen at a port in Nantong, Jiangsu province, China September 11, 2018. Picture taken September 11, 2018. REUTERS/Stringer
Arrivals of iron ore, a key steelmaking raw material, were 80.77 million tonnes last month, the lowest since October 2017, data from the General Administration of Customs showed on Wednesday. That compares to 86.42 million tonnes in March and 82.92 million tonnes in April 2018. Vessel-tracking and port data compiled by Refinitiv show iron ore shipments from Brazil to China have been falling sharply since January in the wake of a tailing dam disaster that killed hundreds people.
Data from Brazil’s Trade Ministry showed last week that the country shipped 18.34 million tonnes of iron ore in April, down 17 percent from March and down 29 percent from the same period last year.
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