South Africa: Manganese Ore Exports Rise by 24.4% and Chrome Ore by 33% in Jan’19

South African Exports in Jan’19 got back to normal levels after a steep fall in Dec’18. In Dec, the decrease in the exports were mainly due to the damage of the railway bridge in Sardinia at the end of November. Strict power limit in Inner Mongolia around year-end also made the producers cautious of buying ores in the ending periods of CY 18. China remained the major importer of Manganese and Chrome Ore for South Africa. Escalation in Chinese imports can be attributed to the appreciation in the Chinese Yuan, making it cheaper for the Chinese producers to import.

South African Manganese Ore Exports went up by 24.4% in Jan’19 as compared to the previous month. In Jan, the 68% of the total manganese Ore exports went to China. The total exports in Jan’19 for Manganese Ore were 1.5MnT, of which 1MnT was exported to China. Chinese imports for South African Manganese Ore increased by significantly by 31.4% M-o-M. No export activity was noticed in the month of Dec’18 for Malaysia, whereas imports by Japan went highest for Dec’18 in CY 18.

South African Chrome Ore Exports have started to regain its market. Chrome Ore Exports increased by 33% in Jan’19, however, the exports were marginally low as compared to the exports during the same period in the previous year. China and Mozambique remained the major two importers for South African Chrome Ore. Total exports of Chrome Ore in Jan’19 is 1.05MnT, of which 586,491MT went directly to China which accounted for 56% of the total exports and Mozambique had 33% shares in the total South African Chrome Ore exports.

South African Manganese Ore Exports
Unload Country Jan-19 Dec-18 M-o-M (%) Jan-18 Y-o-Y
China 1,027,443 782,063 31.4 852,957 20.5
India 173,677 49,553 250.5 148,550 16.9
Malaysia 152,800 0 NA 66,500 129.8
South Korea 53,000 22,000 140.9 31,765 66.9
Japan 50,000 147,910 -66.2 50,000 0.0
Russia 45,623 53 85981.1 99,354 -54.1
Others 6575 211,637 -96.9 215,404 -96.9
Grand Total 1,509,118 1,213,215 24.4 1,464,529 3.0
South African Chrome Ore Exports
Unload Country Jan-19 Dec-18 M-o-M (%) Jan-18 Y-o-Y
China 586,491 380,436 54.2 607,798 -3.5
Mozambique 346,199 257,119 34.6 419,848 -17.5
Indonesia 30,390 55,404 -45.1 46,912 -35.2
Turkey 28,157 28,126 0.1 23,158 21.6
India 19,322 10,492 84.2 10,517 83.7
Netherlands 15,368 29,935 -48.7 18,280 -15.9
Others 20,201 24,771 -18.4 78399 -74.2
Grand Total 1,046,128 786,284 33.0 1,204,912 -13.2

Source: SteelMint, Customs
All Quantity in MT

 


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