In July, the price of iron ore imports fell for the fourth consecutive month.
It is reported that since March, China's iron ore imports have continued to decline year-on-year. The amount of imported iron ore in July was US$7.239 billion. As such, the average price of imported iron ore was about US$141.4/ton, and prices continued to rise.
From January of this year, the average price of iron ore imports in China has continued to rise month by month. Among them, after the average import price in March exceeded US$100/ton, this price reached US$139.8/ton in June, setting the highest single-month average import price since October 2008.
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