South Korea: Iron ore imports inch down m-o-m in Oct’22

  • South Korea’s iron ore (including pellets) imports decreased by 3.6% m-o-m to 5.45 mnt in Oct’22 from 5.65 mnt in the previous month, as per customs data.
  • Australia and Brazil were the leading exporters at 3.95 mnt and 941,068 t respectively.
  • Total iron ore import volumes by the country fell by 6.7% to 56.81 mnt in Jan-Oct’22 compared to 60.87 mnt in the CPLY.

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