SINGAPORE China generally
imported more steelmaking raw materials last year compared with
2011, Chinese customs data show.
Iron ore imports rose 8.4
percent from 2011 to a record 743.55 million tonnes.
Several large iron ore traders
imported more iron ore in December compared with
Novemberarrivals from Australia and Brazil rose 1 percent
and 42.2 percent, respectively, to record levelsamid
expectations of a further rise in prices, market sources told
AMM sister publication Steel First.
AMM sister publication
Metal Bulletins 62-percent iron ore index rose
26 percent during the month to $146.85 per tonne c.f.r. as of
China imported 53.55 million
tonnes of coking coal in 2012, up 20 percent from the previous
year, including 19 million tonnes from Mongolia (down 4.9
percent), 13.9 million tonnes from Australia (up 35 percent),
7.2 million tonnes from Canada (up 123 percent), 4.8 million
tonnes from Russia (up 30 percent) and 4.5 million tonnes from
the United States (up 3.4 percent).
Chinas ferrous scrap
imports fell 26.5 percent last year to 4.97 million tonnes, but
Decembers total was 58.1 percent higher than the previous
Staff in Shanghai contributed to this article.
A version of this article was first published by AMM sister
publication Steel First.