China's iron ore imports hit new record high as steel output surged, crude oil, natural gas, coal imports also hit all-time highs

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China's iron ore imports hit a new record high in 2020 as the country's steel output surged amid economic recovery from the coronavirus pandemic. Imports of crude oil, natural gas and coal also hit the highest on record.

China imported 1.17 billion tonnes of iron ore in 2020, rising 9.5 per cent from the year before, and the value of the iron ore imports totaled 822.87 billion yuan ($118.9 billion), surging 17.4 per cent from the previous year, both hitting the highest level on record, according to data released by . . .

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