China’s iron ore imports decrease in 2022 demand affected by epidemic

According to statistics from China Customs, China’s iron ore imports amounted to around 268.4 million tons in the first three months of this year, decreasing by 5.2% compared to the same period a year ago.

In March only, the imports totaled roughly 87.3 million tons, a year-on-year drop of 14.5%.

China’s demand for iron ore was impacted by the outbreak of the COVID-19 epidemic that happened in early March, which led to a blockade in Shanghai and strict prevention and control measures in other regions of China.