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Iran sells iron ore to China. China is #1 importer of Iron ore in the world.
Top Countries Exporting Iron Ore to China
Iron is one of key materials used in numerous manufacturing industries, and iron is the most largely used metal worldwide due to its nature and function. It is predominantly put to use by several key industries, such as the construction, engineering, automotive, and machinery sector, often as the main ingredient in steel. Thus, the supply of iron ore is an important factor for the countryโs economy. Main countries supplying China, HS2601-Iron ores and concentrates, incl. roasted iron pyrites, based on the value (USD millions) of iron ore imported to China in 2018, among others, Australia (45,209 million USD) and Brazil (18,167 million USD) are the largest suppliers. South Africa (3,202 million USD); India (1,208 million USD) and Iran (1,115 million USD). The related statistic shows the distribution of top iron ore importing countries in 2018. In that year, China was by far the country importing the largest amount of iron ore, accounting for an approximate amount of 1064.56 million metric tons.
Chinese Importers for Iron Ore
China is the top importer of iron ore, if youโre in the iron ore industry, it is important to discover the latest market opportunities in China and find exporting growth for the iron ores and concentrates; incl. roasted iron pyrites, HS: 2601 with Chinese importers.
https://www.dccchina.org/news/china-iron-ore-production-and-demand-iron-ore-chinese-importers/