China issues iron ore import licenses for 147.0332 million mt in Jan

The China Iron and Steel Association (CISA) has announced that in January this year China’s Ministry of Commerce (MOC) issued iron ore import licenses for a total of 147.0332 million mt, up 66.91 percent month on month, valued at $11.115 billion. 

In January this year, the iron ore import licenses issued by China for Australian and Brazilian iron ore amounted to 88.6343 million mt and 30.2205 million mt respectively, up 54.54 percent and 85.61 percent month on month, with respective values of $6.629 billion and $2.454 billion. 

Licenses issued for imports of India iron ore in January amounted to 6.493 million mt, up 74.46 percent month on month, valued at $479 million, while licenses issued for iron ore from other countries amounted to 21.6854 million mt, valued at $1.554 billion.