Chinese imports of iron ore decline in 2021 with restrictions on the steel sector – ISTOÉ DINHEIRO


Key Topics in this News Article:

News Snapshot:

By Min Zhang and Dominique Patton BEIJING (Reuters) – China’s iron ore imports fell 4.3% in 2021 from the previous year’s annual record, as steel production restrictions imposed to fight pollution crippled demand and lowered prices. of the main steel raw material of historical highs. The world’s biggest consumer of iron ore brought in 1.12 billion tonnes of the commodity last year, compared with 1.17 billion tonnes imported in 2020, General Administration data showed on Friday. For December, China imported 86.07 million tonnes of the raw material, down 18% from November, the data showed. China consumed iron ore at a...