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14 May, 2025
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Iron ore imports in China bounced to seasonal record in April!

After a sluggish start to 2025, China’s iron ore imports surged +10% MoM to a seasonal record 103Mt (+1.3% YoY) in Apr’25, as cyclone-delayed vessels finally discharged.

Chart showing April 2025 iron ore data, with China’s monthly iron ore and concentrate imports from January to December. Highlights include a 103.1Mt import volume in April, with both month-on-month and year-on-year growth. The graph uses IFCHOR GALBRAITHS brand colours and compares 2025 data to previous years and a five-year range.

Despite strong arrivals, port inventories fell -4Mt, pointing to sustained steel output after Mar’25’s rebound. All eyes now on April’s steel data: will momentum hold, or will the NDRC enforce rumoured -50Mtpa cuts in Q2’25?

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