South Korea: Ferro Alloy Imports Up by 11% M-o-M in Dec'17
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According to the South Korean customs, the country has witnessed an increase of 11% M-o-M in its Ferro Alloy imports.
In Dec'17, South Korea imported a total of 0.1 MnT Ferro Alloys against 0.09 MnT in Nov'17. However, on yearly basis, there has been an increase of 25% as South Korea imported 0.08 MnT in Dec'16.
In Dec'17, Korea imported 0.06 MnT of Ferro Chrome, 0.02 MnT Ferro Silicon, and 0.02 MnT Silico Manganese. South Korea registered a substantial increase of 20% M-o-M in its Ferro Chrome imports, while Ferro Silicon import reduced by 0.01 MnT in Dec'17. South Korea also witnessed an increase of 0.01 MnT in its Silico Manganese imports.
| Sub Commodity | Dec'17 | Nov'17 | Change |
| Ferro Chrome | 0.06 | 0.05 | 20% |
| Ferro Silicon | 0.02 | 0.03 | -33% |
| Silico Manganese | 0.02 | 0.01 | 100% |
| Total | 0.1 | 0.09 | 11% |
South Africa recorded as the biggest Ferro Alloys exporter to South Korea at 0.03 MnT, followed by India and China at 0.02 MnT each.
