Russia Iron Ore Export Up by 6% in Aug’16

Russia, the 8th largest iron ore exporter has exported around 1.50 MnT iron ore in Jul’16, according to the trade statistics released by Russian Customs.

Iron ore exports have witnessed a growth of 6% M-o-M as it was 1.41 MnT in Jul’16. On the contrary, Russian iron ore export has decreased significantly by 27.1% on Y-o-Y basis.

In the first eight months of 2016, the country exported 11.8 MnT iron ore, down by 36.5% as it was 18.6 MnT in the same consecutive period last year.

In Sept’16, the agglomerated iron ore (pellets and concentrate) exports were recorded at 0.82 MnT, up by 110% M-o-M and down by 21.1% Y-o-Y. The non-agglomerated iron ore (lumps & fines) exports were registered at 0.68 MnT, down by 33.3% M-o-M as well as Y-o-Y both.

  russia-exports-in-aug16

Country-wise Russian iron ore exports in Aug’16

Countries

Aug’16

Jul’16

% change

Jan-Aug’16

Jan-Aug’15

% change

China

0.63

0.6

5%

4.17

5.68

-27%

Slovakia

0.18

0.34

-47%

1.59

1.68

-5%

Ukraine

0

0

1.27

1.63

-22%

Turkey

0.07

0.07

1.01

1.18

-14%

Finland

0

0.13

-100%

0.84

0.53

58%

Czech Republic

0.13

0.08

63%

0.63

0.66

-5%

Poland

0.05

0.12

-58%

0.6

0.58

3%

Germany

0.17

0

0.36

0.2

80%

Japan

0.02

0

0.26

0.63

-59%

Others

0.25

0.07

1.13

1.8

-37%

Grand Total

1.5

1.41

6%

11.86

14.57

-19%

Quantity in MnT
Source: Russian Customs
Provisional Data


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