Taiwan, the world’s sixth largest iron ore importer has imported 2.5 MnT iron ore in Jan’17, according to the trade statistics released by Taiwan customs.
Iron ore imports have witnessed a growth of 70% M-o-M as it was 1.47 MnT in Dec’16. Comparing the data for the month of Jan’16, Taiwan iron ore imports had a significant increase of 69% Y-o-Y which was 1.47 MnT previous year.
The non-agglomerated iron ore (lumps and fines) import in Jan’17 was registered at 2.09 MnT, up by 66% M-o-M and 41% Y-o-Y compared with the same month last year. However, the agglomerated ore (pellets and concentrates) import was registered at 0.41 MnT, considerably up by 94% 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 Jan’17
| Country |
Jan-17 |
Dec-16 |
%change |
| Australia |
1.60 |
1.03 |
55% |
| Brazil |
0.69 |
0.44 |
58% |
| Canada |
0.20 |
0.00 |
100% |
| Indonesia |
0.01 |
0.00 |
100% |
| Total |
2.50 |
1.47 |
70% |
Quantity in MnT
Source: Taiwan Customs
Provisional Data
Leave a Reply