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Iron ore imports from Australia to China fall

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China’s iron ore imports from Port Hedland, Australia, fell 4% in April as demand weakened, according to data released by the Pilbara Ports Authority on 4 May. Data showed that iron ore imports fell from 31.2 million tonnes in March to 30.1 million tonnes in April.

The volume is at the lowest level since November 2014, with exports to most other key markets also decreased. Inventories of imported iron ore at 33 major Chinese ports stood at 92.44 million tonnes during the period (28 April-4 May), down 1.84 million tonnes or 1.95%, from the previous period (21-27 April), according to the latest report of Xinhua-China Iron Ore Index.