Customs figures released on Monday showed a continuing boom in China’s metal imports, indicating the strength of the country’s bounce-back from global recessionary conditions. July imports of refined tin were 2,114 tonnes, 125% higher than in July 2008. Imports of other LME metals increased year-on-year by rates ranging from 78% for zinc to 1,044% for aluminium.
Tin imports in the first seven months of this year rose 105% year-on-year to 16,585 tonnes. This was the smallest reported rise of all the LME traded non-ferrous metals.
