Metal ore throughput at Chinese ports up 7.3 percent in Jan-Sept

In the January-October period of this year, the total cargo throughput of large and medium-sized ports in China amounted to 8.06 billion mt, up 6.7 percent year on year, as stated by He Jianzhong, spokesman for China’s Ministry of Transport, who was speaking at a press conference on November 22.

 

In particular, in the first 10 months of the current year the foreign trade throughput at large and medium-sized ports in China totaled 2.51 billion mt, up 9.9 percent year on year, while the domestic trade throughput of the ports reached 5.55 billion mt, increasing by 5.2 percent on year-on-year basis.

 

Meanwhile, in the January-September period of the current year, total metal ore throughput of large and medium-sized ports in China was 1.12 billion mt, up 7.3 percent year on year. In the given period, total iron ore imports at the ports in question reached 600 million mt, increasing by 11.9 percent on year-on-year basis.

 

Mr. He commented, “Since August this year, China’s iron ore imports have accelerated.” He added that, while iron ore inventory at major ports in China has witnessed a decline, iron ore inventory at Chinese ports still generally stands at high levels.