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China’s October iron ore imports increase by 7.3 percent year on year

China’s iron ore imports increased by 7.3 percent in October, while the ten-month total recorded a 0.7 percent increase.

China’s October iron ore imports increase by 7.3 percent year on year

According to data obtained by SteelRadar from the General Administration of Customs of the People’s Republic of China, China’s iron ore imports reached 111.3 million tons in October 2025, marking a 7.3 percent increase compared to the same month of the previous year.

In October 2024, the country had imported 103.7 million tons of iron ore. Thus, October registered one of the strongest monthly performances of the year.

During the January–October period, China imported a total of 1 billion 28.8 million tons of iron ore, a limited increase of 0.7 percent compared to the same period of the previous year. Imports had reached 1 billion 22.2 million tons in the first ten months of 2024.

Monthly data show that the sharpest increase of 2025 occurred in September. China’s September imports increased by 11.9 percent year on year to 116.3 million tons, marking the highest growth rate of the ten-month period. June (increase of 8.6 percent) and October (increase of 7.3 percent) were also notable strong months.

In contrast, imports decreased significantly in January (decrease of 13.1 percent), March (decrease of 6.7 percent) and May (decrease of 3.8 percent). February ended with a more limited month-on-month decrease (decrease of 3.4 percent).

Overall, China’s iron ore demand followed a fluctuating trend throughout the year, with the increases in the second half partially offsetting the decreases in the earlier months.

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