Spain Iron Ore imports plunge by 20% M-o-M in Jan’19- Nation’s iron ore imports recorded at 0.39 MnT in Jan’19, plunged by 20% as compared to 0.49 MnT in Dec’18.
On yearly basis, imports significantly move down by 11% in Jan’19 as against 0.44 MnT in Jan’18.
Canada stood as the largest iron ore exporter to Spain at 0.22 MnT followed by Brazil at 0.17 MnT in Jan’19 period.
Spain Finished Long steel up by 14% M-o-M in Jan’19- Nation’s long steel imports in Jan’19 stood at 0.08 MnT, increased by 14% as compared to 0.07 MnT in Dec’18.
On yearly premises imports plunged by 25% in Jan’19 as compared to 0.10 MnT in Jan’18.
Major exporting nations of Spain were Portugal at 0.04 MnT, while Italy and Turkey exported 0.01 MnT in Jan’19.
Spain Flat Steel import move down by 20% in Jan’19- Nation’s flat steel imports stood at 0.59 MnT in Jan’19, significantly dropped by 20% in comparison to 0.49 MnT in Dec’18.
On yearly basis imports fell by 9% in Jan’19 as compared to 0.65 MnT in Jan’18.
Major flat steel exporting countries in Jan’19 included France at 0.11 MnT, Turkey 0.10 MnT, Germany 0.07 MnT and Italy at 0.05 MnT.
Following this other exporting nation’s like Taiwan, China, Portugal, Netherlands and others also exported flat steel products to Spain in smaller quantities in Jan’19
Spain Ferrous Scrap imports down by 9% M-o-M in Jan’19- Nation’s imports in Jan’19 fell by 9% in Jan’19 to 0.30 MnT in comparison to 0.33 MnT in Dec’18.
Whereas on yearly basis the imports registered a significant surge by 20% in Jan’19 against 0.25 MnT in the same month of previous year.
Major exporting nations of ferrous scraps to Spain include France at 0.17 United Kingdom 0.05 MnT, Portugal 0.02,followed by Luxembourg,Germany and Russia in Jan’19.
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Spain Import January’19 |
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| Commodity | Sub Commodity | Jan’19 | Dec’18 | M-o-M (%Change) |
Jan’18 |
Y-o-Y |
| Finish Flat | HRC/Plate | 221,688 | 188,263 | 17.8 | 268,348 | -17.4 |
| Galvanised Steel | 153,030 | 146,423 | 4.5 | 149,072 | 2.7 | |
| Electrical Steel | 99,805 | 68,071 | 46.6 | 118,013 | -15.4 | |
| CRC | 60,694 | 39,002 | 55.6 | 52,184 | 16.3 | |
| Pipes and Tubes | 45,860 | 38,598 | 18.8 | 52,527 | -12.7 | |
| Others | 10,937 | 7,502 | 45.8 | 13,204 | -17.2 | |
| Total Finish Flat | 592,014 | 487,858 | 21.3 | 653,348 | -9.4 | |
| Iron Ore | Fines/Lumps | 197,552 | 321,907 | -38.6 | 330,248 | -40.2 |
| Pellet/Concentrate | 192,013 | 173,116 | 10.9 | 112,325 | 70.9 | |
| Total Iron Ore | 389,565 | 495,023 | -21.3 | 442,573 | -12.0 | |
| Total Ferrous Scrap | 304,065 | 331,753 | -8.3 | 247,679 | 22.8 | |
| Finish Long | Rebar | 61,300 | 57,384 | 6.8 | 81,210 | -24.5 |
| Structure | 13,450 | 11,266 | 19.4 | 15,239 | -11.7 | |
| Wire Rod | 7,408 | 7,459 | -0.7 | 9,488 | -21.9 | |
| Total Finish Long | 82,158 | 76,108 | 7.9 | 105,937 | -22.4 | |
Quantity in MT
Source: SteelMint Research

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