The largest terminal engaged in the shipment of iron ore is the port of Hedland. Most metallurgical raw materials pass through it, which is exported in the PRC. According to representatives of the Australian port of Hendland, for several months the volume of iron ore exports to China has been reduced for several months. According to information provided by the port, the reduction of exports to the Chinese state amounted to about 9.3%. In June this year alone, China received 16.1 million tons, which is 77% of the export volume. And in June of the same year, the figure decreased to 14.9 million. It is known that the economic development of the state has slowed up to almost 7.6% in the second quarter of this year. For comparison, this is the highest rate, that is, shows the weakest growth rate.
The reason for the decrease in imports of both iron ore and copper is that there are significant metal reserves in the Celestial Empire, so a decrease in imports will not become a risk factor for the external market of China.
A decrease in imports in the PRC did not affect the real estate market in any way, sales on which, on the contrary, increased by almost 6.9%compared to 2011. Perhaps this growth of the real estate market is a positive factor for increasing the demand for metals.