Mining News Pro - Japan, the second largest iron ore importer of the world, recorded iron ore imports at 9.92 MnT in Sep`18 as against 10.97 MnT in Aug`18. However, on yearly basis imports stood down by 5% against 10.44 MnT in Sep`17.
According to Mining News Pro -Japan, the second largest iron ore importer of the world, recorded iron ore imports at 9.92 MnT in Sep`18 as against 10.97 MnT in Aug`18. However, on yearly basis imports stood down by 5% against 10.44 MnT in Sep`17.
For the quarter ending Sep`18, iron ore imports witnessed at 30.13 MnT in Q3 CY`18. The imports witnessed fall of 6% as against 32.21 MnT in last quarter. On yearly basis, the imports witnessed marginal decline as against 30.7 MnT in Q3 CY`17.
Japan`s Crude Steel output fell in Sep`18
In Sep`18, Japan`s crude steel output decreased by 4% to 8.42 MnT against 8.81 MnT in Aug`18.On yearly basis, the output dropped marginally as compared to Sep`17 productions at 8.63 MnT.
The non-agglomerated (fines/lump) iron ore imports in Sep`18 witnessed at 8.55 MnT, down 13% M-o-M as against Aug`18 imports at 9.83 MnT. On yearly basis, imports dropped by 4% as compared to Sep`17 imports at 8.88 MnT.
Agglomerated (pellets/concentrate) imports recorded at 1.37 MnT in Sep`18, up 20% M-o-M as against 1.14 MnT in Aug`18. The agglomerated ore imports in Sep`18 stood 12% down on yearly basis as against 1.55 MnT in Sep`17.
Australia exports to Japan dropped marginally
Australia continues to remain the largest iron ore exporter to Japan for the month of Sep`18 with total quantity of 5.74 MnT(down 4% on monthly basis) contributing 58% share of total Japanese import, followed by Brazil at 2.82 MnT (down 11% M-o-M). Indian exports to Japan witnessed at 0.06 MnT in Sep`18 against being nil a month before due to resumption of NMDC in exports after a gap of five months.
Country Wise Iron Ore Import
Country | Sep-18 | Aug-18 | M-o-M (%) |
Australia | 5.74 | 5.95 | -4% |
Brazil | 2.82 | 3.18 | -11% |
South Africa | 0.42 | 0.54 | -22% |
United States | 0.4 | 0.13 | 208% |
Canada | 0.25 | 0.33 | -24% |
Ukraine | 0.09 | 0.17 | -47% |
Chile | 0.08 | 0.35 | -77% |
India | 0.06 | 0 | 100% |
Others | 0.05 | 0.31 | -84% |
Grand Total | 9.92 | 10.97 | -10% |
Quantity in MnT
Source: Japan Customs
Provisional Data