It is known from Tianjin Custom that 544 batches of iron ore were imported at Tianjin port during the first half of 2020, totally reaching 37.859 million tons, increased by 20.6% and 13.6% respectively compared with the same period of last year. Of all these imports, 77.7% of iron ores were from Australia, about 29.428 million tons, and 11.5% from Brazil, about 4.343 million tons.
In recent years, due to strict environmental requirements, many domestic enterprises strive to find iron ore resources from other countries. During H1 of 2020, the iron ore imported from Brazil at Tianjin port increased 120.4% year on year and the imported iron ore from other countries excluding Brazil and Australia also have a growth of 16.1%, which mainly from The Belt and Road countries like South Africa, Mozambique and Mauritania.