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China Dry Bulk Capes

Chinese iron ore imports on track for record-breaking year

Chinese iron imports rose by 2.8% to 181.5m tonnes In the first two months of 2021, BIMCO data shows. That is an increase of 4.7m tonnes compared with the previous year

  • Analysis

BIMCO’s chief shipping analyst Peter Sand expects Chinese iron ore imports to rise to record levels on the back of continued recovery in domestic steel heavy industries. In the long term, though, he believes the shipping industry cannot count on Chinese iron ore imports to continue to grow at the current pace

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This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call UK support at +44 (0)20 3377 3996 / APAC support at +65 6508 2430

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