General Administration of Customs said that China imported 98.85 million tonnes of iron ore in November 2022 as buyers stocked up before the end of the year in anticipation of Beijing's measures to support the struggling property market up by 4% MoM from 94.98 million in October's but down by 6% YoY from 105 million tonne in November 2021. From January to November, China imported 1.02 billion tonnes of iron ore, down 2% YoYChina’s steel product exports in November 2022 were 5.59 million tonnes, up by 8% MoM & up by 28% YoY from 4.36 million in November 2021. Exports in the first 11 months of the year were up 0.4% YoY at 61.95 million tonnes.China's finished steel imports came to 752,000 tonnes in November, down 3% MoM & 47% YoY. In the January-November period this year, China imported 9.867 million tonnes of finished steel, down 26% YoY
General Administration of Customs said that China imported 98.85 million tonnes of iron ore in November 2022 as buyers stocked up before the end of the year in anticipation of Beijing's measures to support the struggling property market up by 4% MoM from 94.98 million in October's but down by 6% YoY from 105 million tonne in November 2021. From January to November, China imported 1.02 billion tonnes of iron ore, down 2% YoYChina’s steel product exports in November 2022 were 5.59 million tonnes, up by 8% MoM & up by 28% YoY from 4.36 million in November 2021. Exports in the first 11 months of the year were up 0.4% YoY at 61.95 million tonnes.China's finished steel imports came to 752,000 tonnes in November, down 3% MoM & 47% YoY. In the January-November period this year, China imported 9.867 million tonnes of finished steel, down 26% YoY