China imported 91.24 million tonnes of iron ore and concentrates in July, rising 2.6% month on month and 3.1% year on year, according to data released by the General Administration of Customs (GAC) on August 7.
The imports were worth $11.53 billion, down 4.0% from a month ago and 35.6% on the year. The average import price was estimated to fall 6.4% from a month ago and 37.6% from the same period last year to $126.38/t.
During January-July, China imported 626.82 million tonnes of iron ore, down 3.4% from a year earlier, with the value amounting to $80.89 billion, down 30.2% year on year, and the price averaging $129.05/t, down 27.8% year on year.
(Writing by Emma Yang Editing by Tammy Yang)
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