China's iron ore import in October be 45.47 million tons, down 19.08 million tons or 30% from the preceding month, according to data unconfined by the General Administration of Customs.However, iron ore import in October be 48.5% further than in the similar month of previous year.

Market analyst have said that the month-on-month thrust in iron imports in October was owing to a refuse in steel prices in August and September and that the country's iron ore import will bounce back as iron ore prices have been increasing since mid-October.

In the initial ten months of this year, China's iron ore import enlarged 36.8% year on year to 514.81 million tons, while the price of the iron ore import fell 24.7% to US$40.37 billion.China's steel export was 2.71 million tons previous month, up 9.7% from September, brilliant growth for the fifth successive month.