According to statistics from the General Administration of Customs of China (GACC), China imported around 845.3 million tons of iron ore in the first eight months of this year, representing a 5.5% year-on-year growth rate that decelerated by 0.4 percentage points relative to the January-July period.

The import volumes in August reached approximately 108 million tons, achieving a 0.4% month-on-month expansion and a 3.1% annual increase.