The China Iron and Steel Association (CISA) has announced that in July this year China’s Ministry of Commerce (MOC) issued iron ore import licenses for a total of 108.5477 million mt, up 1.01 percent month on month, valued at $6.579 billion. In the January-July period of the year, the MOC issued iron ore import licenses for a total of 734.4334 million mt, valued at $46.181 billion.
In July this year, the iron ore import licenses issued by China for Australian and Brazilian iron ore amounted to 67.6789 million mt and 23.9739 million mt respectively, down 4.68 percent and increasing by 16.84 percent month on month, with respective values of $3.975 billion and $1.492 billion. In the January-July period of the current year, the iron ore import licenses issued for Australian and Brazilian iron ore totaled 462.7259 million mt and 148.4940 million mt, valued at $28.369 billion and $9.884 billion, respectively.
Licenses issued for imports of South African iron ore in July amounted to 4.6284 million mt, down 5.1 percent month on month, valued at $300 million, while licenses issued for iron ore from other countries amounted to 2.1689 million mt, valued at $112 million. In the January-July period of the year , the import licenses issued for iron ore from South Africa and other countries amounted to 32.7677 million mt and 23.9889 million mt, valued at $2.227 billion and $1.298 billion, respectively.