Japan’s April iron ore imports from Australia stay low

  • Wednesday, June 2, 2021
  • Source:ferro-alloys.com

  • Keywords:Japan, iron ore imports, Australia
[Fellow]Japan's iron ore purchases from Australia and Brazil remained weak in April despite a slight recovery in overall iron ore imports during the month.
 
Japan's iron ore purchases from Australia and Brazil remained weak in April despite a slight recovery in overall iron ore imports during the month.
 
Iron ore imports from Australia edged down by 1pc on the year to 6.6mn t in April, according to preliminary data released today by Japan's finance ministry. Imports from Brazil declined by 5pc to 2.2mn t in April.
 
Japan's total iron ore imports increased slightly in April from a year and month earlier as domestic steel mills gradually restored steel output from last year's lows, impacted by the Covid-19 pandemic and resulting global economic slowdown. But crude steel output has come under pressure recently from weak demand from the car manufacturing sector.
 
The government earlier forecast Japan's April-June crude steel output to fall compared with the previous quarter because of weak steel demand from the car and construction sectors.
 
 
Japan's iron ore imports 000t
Origin 21-Apr 20-Apr 卤 % Jan-Apr 2021 Jan-Apr 2020 卤 %
             
Australia 6,556 6,633 -1 21,837 21,341 2
Brazil 2,238 2,359 -5 8,904 10,081 -12
Canada 577 573 1 2,303 1,977 16
US 124 124 unchanged 388 521 -26
New Zealand 0 0 -99 0 1 -67
India 308 74 416 911 673 35
China 0 72 na 0 282 na
South Africa 512 422 21 1,435 1,457 -2
Russia 0 0 unchanged 0 314 na
Mauritania 0 0 unchanged 149 301 -50
Chile 0 0 unchanged 153 0 na
Peru 0 0 unchanged 150 151 -1
Ukraine 176 0 na 470 94 500
Total 10,491 10,257 2 36,700 37,193 -1
Source: Japan's finance ministry
 
Source: Argusmedia
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