Trade statistics released by the European Union shows that UK, the 10th largest iron ore importer has imported 1.07 MnT iron ore in Jul’16.
Country’s import rose by 13.8% M-o-M as compared to 0.94 MnT in Jun’16. However, on Y-o-Y basis, iron ore imports drop down by 26.7% as compared to 1.46 MnT in Jul’15.
In the first seven months of 2016, the country imported 5.6 MnT iron ore, down by 33% as it was 8.48 MnT in the same period last year.
The non-agglomerated iron ore (lumps and fines) imports in Jul’16 was registered at 0.81 MnT, increased by 19% over the previous month as it was 0.68 MnT in Jun’16. The country imported 0.94 MnT non-agglomerated ore in Jul’15.
The agglomerated iron ore (pellets and concentrates) imports in Jul’16 remained stable at 0.26 MnT M-o-M. However, on Y-o-Y basis, the country’s agglomerated imports significantly dropped down by 50% as it was 0.52 MnT in Jul’15.
Country-wise UK iron ore imports in Jul’16
| Countries | Jul’16 | Jun’16 | %change | Jan-Jul’16 | Jan-Jun’15 | % change |
| Brazil | 0.45 | 0.41 | 9.76% | 2.10 | 3.67 | -42.7% |
| Sweden | 0.26 | 0.2 | 30% | 1.49 | 1.28 | 16.4% |
| Canada | 0.16 | 0.16 | – | 1.22 | 0.92 | 32.6% |
| Norway | 0.06 | 0 | – | 0.32 | 0.39 | -17.9% |
| Russia | 0.06 | 0 | – | 0.19 | 0.84 | -77.3% |
| South Africa | 0 | 0.16 | -100% | 0.16 | 0.20 | -20% |
| Korea (Republic of) | 0.08 | 0 | – | 0.08 | 0.00 | – |
| Liberia | 0 | 0 | – | 0.05 | 0.00 | – |
| Others | 0 | 0 | – | 0.00 | 1.10 | -100% |
| Grand Total | 1.07 | 0.94 | 13.8% | 5.61 | 8.40 | -33.2% |
Quantity in MnT
Source: UK Customs
Provisional Data
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