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Ores Drive Chinese Minor Bulk Imports
Minor Bulks, Steel
Chinese minor bulk imports strengthened in September, with imports of bauxite, alumina, steel scrap, fertiliser, wood pulp and logs, plus nickel, manganese, copper and chromium ores combined climbing to a record 23.4 Mt, up by 4.4 Mt year-on-year, customs data show. This increase was primarily driven by higher bauxite shipments (+2.1 Mt to 6.5 Mt), particularly from Australia and Guinea, although there was also robust growth in shipments of nickel (+0.7 Mt to 5.7 Mt) and chromium ores (+0.6 Mt to 1.3 Mt).