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China's 2024 iron-ore imports seen similar to last year's - Vale
Imports of iron-ore by China, the world's biggest buyer, in 2024 are expected to be around 1.17-billion to 1.18-billion metric tons, similar to last year's 1.18-billion tons, a senior official of miner Vale said on Wednesday.
China's iron-ore imports in the first quarter of 2024 totalled 310.13-million tons, up 5.5% from a year earlier, customs data showed.
However, China produced 256.55-million tons of crude steel in the first quarter of 2024, down 1.9% year on year. Read full story
China's economy grew faster than expected in the first quarter, data showed on Tuesday, offering some relief to officials as they try to shore up growth in the face of protracted weakness in the property sector and mounting local government debt.
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- [Editor:邢亚敏]
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