South Korea Iron Ore Import Fall in Nov'19
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--Country's iron ore imports moved down by 27.9% M-o-M to 5.2 MnT in Nov'19. Import volumes from Australia fell from 5.41 MnT in Oct'19 to 3.64 MnT in Nov'19.
--Its ferrous scrap imports fell to 0.46 MnT approx 3% M-o-M in Nov'19. Imports from Japan fell from 0.34 MnT in Oct'19 to 0.25 MnT in Nov'19.
--South Korea's imports of finish flat fell by 4.1%, semi finish 4.9%, finish long 10.7%, finish flat stainless steel 0.4% and ferro alloy 11.6% M-o-M.
--Graphite electrode imports rose by 2.7% M-o-M.
| Commodity | Sub Commodity | November'19 | October'19 | % Change M-o-M | November'18 | % Change Y-o-Y |
| Coal | Non Coking Coal | 92,82,033 | 101,71,443 | -8.7 | 97,54,831 | -4.8 |
| Coking Coal | 17,92,326 | 22,19,684 | -19.3 | 19,17,136 | -6.5 | |
| Anthracite | 4,40,157 | 5,93,837 | -25.9 | 9,39,716 | -53.2 | |
| Others | 1,80,674 | 2,28,239 | -20.8 | 7,05,708 | -74.4 | |
| Pet Coke | 75,650 | 1,93,413 | -60.9 | 74,041 | 2.2 | |
| Met Coke | 24,120 | 29,103 | -17.1 | 41,649 | -42.1 | |
| Total Coal | 117,94,960 | 134,35,720 | -12.2 | 134,33,081 | -12.2 | |
| Iron Ore | Fines/Lumps | 49,85,245 | 68,03,671 | -26.7 | 68,62,796 | -27.4 |
| Pellet/Concentrate | 2,16,511 | 4,08,414 | -47 | 4,65,073 | -53.4 | |
| Total Iron Ore | 52,01,755 | 72,12,085 | -27.9 | 73,27,868 | -29 | |
| Finish Flat | HRC/Plate | 4,20,692 | 4,20,705 | 0 | 4,13,276 | 1.8 |
| Galvanised Steel | 1,61,837 | 1,69,076 | -4.3 | 1,73,253 | -6.6 | |
| Electrical Steel | 79,943 | 90,122 | -11.3 | 82,386 | -3 | |
| Pipes and Tubes | 49,459 | 49,425 | 0.1 | 51,040 | -3.1 | |
| CRC | 22,737 | 36,188 | -37.2 | 30,374 | -25.1 | |
| Others | 3,906 | 4,263 | -8.4 | 5,486 | -28.8 | |
| Total Finish Flat | 7,38,574 | 7,69,780 | -4.1 | 7,55,815 | -2.3 | |
| Total Ferrous Scrap | - | 4,56,209 | 4,70,483 | -3 | 4,56,217 | 0 |
| Semi Finish | Billet | 1,95,241 | 2,03,275 | -4 | 1,25,667 | 55.4 |
| Pig Iron | 7,985 | 10,459 | -23.7 | 15,818 | -49.5 | |
| Total Semi Finish | 2,03,226 | 2,13,733 | -4.9 | 1,41,486 | 43.6 | |
| Finish Long | Structure | 77,003 | 57,834 | 33.1 | 82,044 | -6.1 |
| Rebar | 76,391 | 1,14,790 | -33.5 | 91,944 | -16.9 | |
| Wire Rod | 19,302 | 20,744 | -6.9 | 14,577 | 32.4 | |
| Total Finish Long | 1,72,696 | 1,93,367 | -10.7 | 1,88,565 | -8.4 | |
| Total Finish Flat Stainless Steel | - | 72,664 | 72,952 | -0.4 | 84,846 | -14.4 |
| Ferro Alloy | Ferro Chrome | 40,482 | 48,612 | -16.7 | 46,107 | -12.2 |
| Ferro Silicon | 20,472 | 22,523 | -9.1 | 16,038 | 27.7 | |
| Ferro Silico Manganese | 8,227 | 7,166 | 14.8 | 5,333 | 54.3 | |
| Total Ferro Alloy | 69,181 | 78,301 | -11.6 | 67,478 | 2.5 | |
| Total Graphite Electrode | - | 3,908 | 3,805 | 2.7 | 3,223 | 21.2 |
Quantity in MT
source: SteelMint, Customs
