23
Jul
05:35
Japan's iron ore imports fall in June
Japan's iron ore imports continued to fall in June, as crude steel output was lower in the period, reports the Japanese finance ministry.
According to official Customs data, Japan imported 6.1 million tonnes of iron ore in June, down -10% month-on-month and -32% year-on-year. This is mainly due to lower demand from the steel industry, which has shut extensive capacity in response to Covid-19, Kallanish notes.
June pig iron production was 4.19mt, down fr…
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Anonymous
Very good overview of the weekly steel market.
Anonymous