19
Jun
16:49
Indian ore exports slump despite UK, Malaysia surge
Indian iron ore exports slumped -41% on-year in March to 1.99 million tonnes, according to Indian commerce ministry data monitored by Kallanish. Their average value, however, was $77.5/tonne versus $53/t in March 2018.
The slump came as shipments to China and Japan dropped -44% and -51% respectively to 1.45mt and 210,830t. South Korea took in zero versus 112,170t in March 2018. Nevertheless, compared to zero each a year earlier, the UK, Malaysia and Oman to…
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Anonymous
Very good overview of the weekly steel market.
Anonymous