South Korea: Iron ore imports fall 18%, m-o-m, in Jun’22

  • South Korea’s iron ore imports fell by 18.29% m-o-m in Jun’22 to 5.58 mnt from 6.83 mnt in May’22, as per data recently released by customs.
  • Australia was the largest exporter with 4.04 mnt, followed by Brazil with 0.57 mnt.
  • Import volumes dropped by 9% to 33.92 mnt y-o-y in Jan-Jun’22 compared to 37.31 mnt in the year-ago period.

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