However, China has one final problem to solve if it is to start importing iron ore again from North Korea on a large scale.
It must first convince the UN to lift the sanctions imposed on exports from that country in August 2017, shortly after the article I cited above was written. The sanctions imposed on exports of iron ore, coal and other minerals, were imposed by the UN due to the repeated missile tests launched by Pyongyang- and of course- they are ongoing. A difficult task for Beijing- but one that would help them immensly if they were to succeed.
In the meantime, it is illegal to accept imports of iron ore into China from North Korea.
. https://www.usnews.com/news/world/articles/2019-12-16/china-and-russia-urge-un-to-lift-key-north-korea-sanctions
Iron ore price, page-21572
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