Energy Markets
Weather-related disruptions in Australia have affected iron ore supplies to China for January and February.
China's imports of iron ore in the first half of 2025 dropped by 8.4% compared to the same period last year, due to weather-related disruptions in Australia, a major producer. Customs data released on Friday showed that the world's largest consumer of iron ore imported 191 million metric tonnes during January and February. This number equates to an average monthly of 95.5 millions tons. This compares to 112,49 million tons for December and 103.2 million tonnes in 2024. China combines data on imports for January and for February in order to reduce the impact of the Lunar New Year, which...