"쇳물은 줄었는데 광석은 더 삽니다" 중국 몰락의 제철소가 12억 톤을 배로 실어 오고 있습니다

China produced about 40 million tons less steel last year. However, it purchased 22 million more tons of iron ore, the raw material for steel. According to data from China's General Administration of Customs, iron ore imports in 2025 reached 1.26 billion tons, a record high. From January to August of this year, while crude steel production decreased by 3.1 percent, imports increased by 5.5 percent. It is common to hear the explanation that because they are the world's biggest customers, they scoop up supplies when prices are low. This video begins by setting aside that explanation. It is not that they are buying a lot. It is that they cannot stop. A blast furnace is a piece of equipment that cannot be stopped once the fire is lit, and if an equipment cannot be stopped, one cannot stop eating it either. Content covered in this video 👇 ✅ Ships taking 12 days — About 12 days from Australia, about 45 days from Brazil. China imports over 80 percent of its iron ore needs from overseas. ✅ Ore on Chinese soil — World's 4th largest reserves, but average grade is 34.5 percent. International standard ore is 62 percent. ✅ Domestic production stalled first — Domestic raw ore production projected to decrease by 2.8 percent in 2025. It was self-sufficiency, not imports, that declined. ✅ Expectations piled up at ports — Port inventories increased for eight consecutive weeks amidst expectations of stimulus measures. The record-breaking decline was marked by setbacks and expectations. ✅ Unpredictable customers — $233.1 per ton in 2021. Coal stalled in 2020, but iron ore was not on the list. ✅ Buying through a single window — Seven months for the state-run purchasing agency and BHP. What was gained was a 26 percent and 1.8 percent refund in the price formula. ✅ Mines on the other side of the globe — First cargo to Simandou, Guinea, sails for 46 days. Even at full capacity, it is only about one-seventh of Australian production. ✅ Iron from tailings — 65 percent ore from 11 percent waste. The first facility's throughput is about 0.4 percent of imports. 🔔 Why It Failed Tracks the scenes of factories and cities collapsing economically. Subscribing and liking helps us create high-quality videos. 📌 Fact Check and Data Sources All figures and facts in this video have been verified based on the official sources below. SteelOrbis — China's iron ore imports rise by 1.8 percent to historical high in 2025 https://www.steelorbis.com/steel-news... SteelOrbis — China's iron ore imports increase by 5.5 percent in January-August 2026 https://www.steelorbis.com/steel-news... SteelOrbis — China's crude steel output down 3.1 percent in January-August 2026 https://www.steelorbis.com/steel-news... GMK Center — China reduced iron ore production by 2.8% y/y in 2025 https://gmk.center/en/news/china-redu... GMK Center — China to set record for iron ore imports in 2025 amid decline in steel output https://gmk.center/en/news/china-to-s... BRS Shipbrokers — China's Iron Ore Imports Close 2025 Strong https://brsshipbrokers.com/news/china... 21st century economic report — 2024 https://www.21jingji.com/article/2024... Mysteel — CISA Cornerstone plan has boosted China iron ore output https://www.mysteel.net/news/5045212-... ASPI The Strategist — The Australian goose that lays the iron ore eggs https://www.aspistrategist.org.au/the... Al Jazeera — Australia seeks confirmation of reported China coal import ban https://www.aljazeera.com/economy/202... GMK Center — China expands restrictions on iron ore imports from BHP https://gmk.center/en/news/china-expa... Mining Weekly — BHP adopts new Chinese iron ore price index in deal to end dispute https://www.miningweekly.com/article/... Ecofin Agency — Guinea ships first Simandou iron ore, ending decades of delays https://www.ecofinagency.com/news/190... Financial News 2026.09.06 — World's first large-scale industrialization of iron extraction from waste mineral waste in China https://www.fnnews.com/news/202609061... ⚠️ Disclaimer This video is content for informational and educational purposes based on publicly available data. 📊 Investment and Financial Disc...