SunSirs: Recent Trends in China's Iron Ore Industry

In July 2025, China imported 104.623 million tons of iron ore, a decrease of 1.325 million tons, or 1.3%, from the previous month. The average price was $91.4 per ton, down $1.5 per ton, or 1.6%, from the previous month. From January to July, cumulative iron ore imports reached 696.569 million tons, a year-on-year decrease of 16.478 million tons, or 2.3%.

In July 2025, China's domestically produced raw iron ore output reached 86.325 million tons, a year-on-year increase of 21.8%. From January to July, cumulative output reached 595.914 million tons, a year-on-year decrease of 5.4%.

From August 11th to 17th, global iron ore shipments totaled 34.066 million tons, a month-on-month increase of 3.599 million tons. Total iron ore shipments from Australia and Brazil reached 27.56 million tons, a month-on-month increase of 2.257 million tons.

As of August 11, total port inventories of imported iron ore at 47 Chinese ports totaled 144.0058 million tons, an increase of 896,100 tons from the previous Monday. Total inventories at 45 ports totaled 138.0608 million tons, a month-on-month increase of 651,100 tons.

On August 15, iron ore trading volume at major Chinese ports reached 1.056 million tons, a decrease of 18.9% month-on-month. Construction steel trading volume at 237 major traders reached 105,100 tons, a 25.4% increase.

As an integrated internet platform providing benchmark prices , on August 20, the benchmark price for Australian iron ore on SunSirs was 780.78 RMB/ton, down 0.69% from 786.22 RMB/ton at the beginning of the month.

Application of SunSirs Benchmark Pricing：

Traders can price spot and contract transactions based on the pricing principle of agreed markup and pricing formula (Transaction price=SunSirs price + Markup).

If you have any inquiries or purchasing needs, please feel free to contact SunSirs with support@sunsirs.com.