Industry News

China-Australia relations: iron ore prices helped offset weakened trade with China in 2020

Views : 232
Update time : 2021-02-05 17:03:58

Australia’s export figures for the final month of a tumultuous past year confirmed that momentum slowed in some trade with China amid various restrictions, but unbarred exports remained strong and buoyed overall trade between the two countries, according to the final December trade data from the Australian Bureau of Statistics.

While full-year exports of both goods and services to other countries rose by 3.9 per cent compared with the prior year, those to China rose only 0.3 per cent, according to an analysis by Capital Economics.

Related News
Read More >>
India’s stainless steel industry calls for greater government support India’s stainless steel industry calls for greater government support
Nov .05.2025
India’s stainless steel industry calls for greater government support
HRC prices remain firm in European market HRC prices remain firm in European market
Nov .05.2025
HRC prices remain firm in European market
Acerinox's melting shop production increases by 8% in Q1-Q3, 2025 Acerinox's melting shop production increases by 8% in Q1-Q3, 2025
Nov .05.2025
Acerinox's melting shop production increases by 8% in Q1-Q3, 2025
North American Stainless improves production with KOCKS RSB® 370++/6 North American Stainless improves production with KOCKS RSB® 370++/6
Nov .05.2025
North American Stainless improves production with KOCKS RSB® 370++/6