China’s iron ore imports dip in May amid strategic shifts
Monday, 9 June 2025 () Iron ore imports into China experienced a notable downturn in May, falling short of market forecasts with a 4.9% decrease compared to the previous month of April. This decline reflects a cautious procurement strategy adopted by Chinese steel mills, who strategically reduced their acquisitions of seaborne iron ore shipments. The reduced purchasing activity stemmed from […]
Amid intensifying trade tensions with the U.S., China has cut its crude oil imports from Washington by 90%, turning instead to Canada as a key supplier. Bloomberg reports record shipments from Canada's..
Monday, 9 June 2025 ()
Iron ore imports into China experienced a notable downturn in May, falling short of market forecasts with a 4.9% decrease compared to the previous month of April. This decline reflects a cautious procurement strategy adopted by Chinese steel mills, who strategically reduced their acquisitions of seaborne iron ore shipments. The reduced purchasing activity stemmed from […]![China Slashes U.S Oil by 90% Amid Trade War Blow, Turns to Canada for Record Crude Imports [Video]](https://video.newsserve.net/300/v/20250418/1408414140-China-Slashes-Oil-by-90-Amid.jpg)
