(Updating with milestone, context)
BEIJING, Feb 10 (Reuters) - China's iron ore imports rose 12 percent in January from a year earlier to the second highest on record, official data showed on Friday, as steel mills replenished stocks and seaborne supply continued to displace higher-cost production at home.
Arrivals reached 92.0 million tonnes, up from 82.19 million a year ago and 88.95 million tonnes in December, data from the General Administration of Customs showed.
China's vow last month to shut low-grade steel producers which use scrap metal by the end of June should help boost demand for iron ore.
China's iron ore stocks at ports hit a record high last week SH-TOT-IRONINV . Iron ore prices DCIOcv1 are trading just shy of three-year highs hit in January.
Imports of steel products fell 8.4 percent to 1.09 million tonnes while exports fell 4.9 percent to 7.42 million tonnes.
For more details, click on
News: RIO UPDATE 1-China's January iron ore imports 2nd highest on record
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
$116.33 |
Change
-1.160(0.99%) |
Mkt cap ! $43.18B | |||
| Open | High | Low | Value | Volume |
| $117.30 | $117.36 | $115.47 | $141.7M | 1.218M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 4546 | $116.32 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $116.34 | 57 | 1 |
View Market Depth
| Last trade - 16.10pm 17/09/2025 (20 minute delay) ? |
| RIO (ASX) Chart |