Tag: Japan iron ore imports

Japan contributes 10-12% of the seaborne market. The trade statistics released by Japan Ministry of Finance indicates that the country has imported around 53 MnT of iron ore during Jan-May’16. In May’16, the country imported 10.2 MnT iron ore, down by 3.7% as compared to Apr’16. However, on a Y-o-Y basis, imports are increased by…