No all clear for iron ore

Wednesday 11 June 2025

It’s not clear that the seasonal June slowdown is done for iron ore. The market remains weak.

MySteel pins one issue.

China’s total imports of iron ore during January-May reached 486.4 million tonnes, falling by 5.2% compared with the same period last year, according to the latest statistics released by the country’s General Administration of Customs (GACC) on June 9.

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About the author

David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.