South Africa: Iron ore exports inch up by 2% m-o-m in February

  • South Africa’s iron ore exports edged up by 2% m-o-m to 5.43 mnt in Feb’24 compared to 5.31 mnt in the previous month, as per vessel line-up data maintained by BigMint.
  • China was the largest importer with 1.99 mnt (decline of 34% m-o-m) followed by The Netherlands with 1.04 mnt.
  • Kumba mines was the leading exporter with 4.19 mnt (43% up m-o-m) followed by Assmang with 462,000 t.