SMM Hot Topic: "Aftermath" of the Russia-Ukraine Conflict: Growth in Iron Ore Import Volume Limited SMM has reviewed the iron ore import volume from Russia and Ukraine to China in recent years. Data shows that the iron ore import volume from these two countries accounted for only 0.87-3.2% of the total imports. The year 2020 marked the peak of imports from Russia and Ukraine, with a total volume of approximately 37.42 million mt, accounting for 3.2% of China's total iron ore imports, the highest in the past decade. The Russia-Ukraine conflict has significantly impacted Ukraine's iron ore exports; in contrast, Russia's import volume has remained relatively stable... ...

[SMM Iron Ore Import Analysis: December Iron Ore Imports Hit a New High, Expected to Decline in January] SMM, January 13, 2025: According to data from the General Administration of Customs of China, China imported 112.486 million mt of iron ore and its concentrates in December, up 10.624 million mt MoM (up 10.43% MoM) and up 11.53% YoY. From January to December, the cumulative imports of iron ore and its concentrates reached 1.2382 billion mt, up 4.9% YoY. The import volume in January is expected to decline... ...

SMM data shows high iron ore shipment volumes in March, driven by mines aiming to hit quarterly targets and two additional working days compared to February.