Japan: Ferro Chrome Imports inched up in CY'18
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As per the Customs data, Ferro Chrome imports in Japan inched up by 8.47% from 767,513 MT to 832,519MT. However in CY'18, the imports were highest in April with 100,489MT imports.
South Africa and Kazakhstan being the two major exporters of Ferro Chrome for Japan hiked up their exports in CY 2018 by 15.83% and 1.70% respectively. However, in Dec'18 the imports were fallen by 34.87% and 32.05% the two countries.
Imports were decreased in the month of December, due to lackluster market. The imports were down by 33.13% in the month of December. Imports were decreased for all the major Countries exporting to Japan except Russia. Meanwhile, imports from Turkey and Sweden faced a huge reduction by 82.90% and 93.27% respectively.
In CY 2018, Turkey made a remarkable hike in its exports to Japan which accounted for 91.12%, followed by Sweden and India with a hike of 24.70% and 21.79% respectively.
| Ferro Manganese: Country wise Indian Exports | ||||||
| Loading Country | Dec-18 | Nov-18 | M-o-M(%) | CY'18 | CY'17 | Y-o- Y(%) |
| South Africa | 16,633 | 25,539 | -34.87 | 338,064 | 291,867 | 15.83 |
| Kazakhstan | 18,658 | 27,457 | -32.05 | 333,050 | 327,487 | 1.70 |
| India | 5,021 | 10,735 | -53.23 | 80,161 | 65,820 | 21.79 |
| Russia | 3,881 | 2,119 | 83.15 | 33,187 | 31,413 | 5.65 |
| Turkey | 280 | 1,637 | -82.90 | 9,109 | 4,766 | 91.12 |
| Sweden | 101 | 1,501 | -93.27 | 7,486 | 6,003 | 24.70 |
| Others | 2415 | 1276 | 89.26 | 31,460 | 40,158 | -21.66 |
| Grand Total | 46,988 | 70,263 | -33.13 | 832,519 | 767,513 | 8.47 |
