Taiwan: Iron Ore Imports Up 7% in Jan'19
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Taiwan iron ore imports for the month of Jan'19 recorded at 2.33 MnT. The imports depicted rise of 7% as against 2.18 MnT in Dec'18.
On yearly basis, imports increased marginally against 2.31 MnT in Jan'18.
Taiwan crude steel output up 10% in Jan'19
Taiwan's crude steel output in Jan'19 witnessed at 2.01 MnT, up 10% as against 1.82 MnT in Jan'18. Taiwan's Jan'19 output recorded marginal decline on monthly basis against Dec'18 production at 2.05 MnT.
The Non-agglomerated ore (Lump and Fines) imports witnessed 11% rise in Jan'19 imports at 2.04 MnT as against 1.83 MnT in last month. On yearly basis, Jan'19 imports increased 7% compared to 1.9 MnT in Jan'18.
Agglomerated ore (pellets and concentrates) imports in Jan'19 depicted at 0.29 MnT, down 17% as against 0.35 MnT in Dec'18. On yearly basis, Jan'19 imports recorded 28% drop against 0.4 MnT in Jan'18.
Australian iron ore exports to Taiwan up 12% in Jan'19
Australia continues to be the largest exporter of iron ore to Taiwan in Jan'19 at 1.64 MnT (up 12% M-o-M) accounting for 70% of total Taiwan's imports share for the month. Brazil stood second largest exporter at 0.55 MnT (up 10% M-o-M) followed by Canada 0.14 MnT (down 33%).
Taiwan's Country wise import: Jan'19 v/s Dec'18
| Country | Jan-19 | Dec-18 | M-o-M (%) | Jan-18 | Y-o-Y (%) |
| Australia | 1.64 | 1.47 | 12% | 1.25 | 31% |
| Brazil | 0.55 | 0.5 | 10% | 0.64 | -14% |
| Canada | 0.14 | 0.21 | -33% | 0.42 | -67% |
| Grand Total | 2.33 | 2.18 | 7% | 2.31 | 1% |
Quantity in MnT
Source: Taiwan Customs
Provisional Data
