Sunday, November 8, 2009

Japan Iron Ore Imports At Record High

According to the latest data from Japan’s Ministry of Finance, Japan’s iron ore imports in September surged above 10 million tonne for the first time over the past 9 months up by 12% YoY to 10.82 million tonne. However, imports in the first 9 months were still down by 31% from the same period of 2008 to 72.4 million tonne.

Meanwhile, Japan’s coal imports fell for the 2nd consecutive month to a 4 month low of 13.9 million tonne in September. However, coking coal imports to Japan rose to 6 million tonne, the highest level since January.

Source: Steel Guru

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