Taiwan, the world’s sixth largest iron ore importer has imported 2.39 MnT iron ore in Nov’16, according to the trade statistics released by Taiwan customs.
Iron ore imports have witnessed a growth of 11% M-o-M as it was 2.15 MnT in Oct’16. Comparing the data for the month of Nov’15, Taiwan iron ore imports had a significant increase of 43% Y-o-Y which was 1.67 MnT previous year.
During the first 11 months of 2016, the country imported 21.23 MnT iron ore, up by 10.55% Y-o-Y as it was 19.20 MnT in the same period prior to this year.
The non-agglomerated iron ore (lumps and fines) import in Nov’16 was registered at 2.88 MnT, up by 21% M-o-M and 37% Y-o-Y compared with the same month last year. However, the agglomerated ore (pellets and concentrates) import was registered at 0.10 MnT, considerably down by 61% M-o-M and 100% up Y-o-Y comparing the corresponding months for years 2015 and 16.
Country-wise Taiwan iron ore imports in Nov’16
|
Countries |
Nov’16 |
Oct’16 |
% change |
Jan-Nov’16 |
Jan-Nov’15 |
% change |
|
Australia |
1.89 |
1.48 |
27% |
16.06 |
15.87 |
1% |
|
Brazil |
0.42 |
0.43 |
-3% |
4.35 |
2.89 |
50% |
|
Canada |
0.08 |
0.24 |
-66% |
0.75 |
0.43 |
75% |
|
Grand Total |
2.39 |
2.15 |
11% |
21.23 |
19.2 |
11% |
Quantity in MnT
Source: Taiwan Customs
Provisional Data
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