United States: Imports Surge; Exports Down Marginally in Oct'18
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United States, recorded iron ore imports at 0.53 MnT in Oct'18, up 43% as against 0.37 MnT in Sep'18. However, on yearly basis, imports recorded 26% increase as against Oct'17 imports at 0.42 MnT.
For the duration Jan-Oct'18, total imports by US marked at 4.38 MnT, down 16% as compared to 5.24 MnT for last year same duration (Jan-Oct'17).
US crude steel production up 4% in Oct'18
United States crude steel production recorded 4% rise in Oct'18 at 7.57 MnT as against Sep'18 production at 7.26 MnT. On yearly basis, output increased 11% as compared to 6.85 MnT in Oct'17.
Brazillian exports to US surge significantly in Oct'18
Brazil contributed 85% of total US iron ore imports for the month at 0.45 MnT, up by almost four folds as against being 0.12 MnT a month ago. Ukraine stood second largest exporter at 0.05 MnT followed by Canada at 0.03 MnT.
United States: Country Wise Iron Ore Import
| Country | Oct-18 | Sep-18 | M-o-M (%) | Jan-Oct'18 | Jan-Oct'17 | Y-o-Y (%) |
| Brazil | 0.45 | 0.12 | 275% | 2.67 | 3.48 | -23% |
| Ukraine | 0.05 | 0 | 100% | 0.05 | 0 | 100% |
| Canada | 0.03 | 0.19 | -84% | 0.68 | 0.66 | 3% |
| Others | 0 | 0.06 | -100% | 0.99 | 1.12 | -12% |
| Grand Total | 0.53 | 0.37 | 43% | 4.38 | 5.24 | -16% |
Quantity in MnT
Source: United States Customs
Provisional Data
United States Iron Ore Exports down marginally in Oct'18
United States iron ore exports for the month of Oct'18 witnessed at 1.27 MnT, down 2% on monthly basis as against 1.3 MnT in Sep'18. However, on yearly basis exports witnessed 23% rise as against 1.03 MnT in Oct'17.
US exports for Jan-Oct'18 witnessed at 11.02 MnT, up 23% as against Jan-Oct'17 at 8.98 MnT.
United States exports to Canada Up slightly in Oct'18
Canada stood the largest importer of iron ore from US in the month of Oct'18 at 1.03 MnT, contributing 81% of total exports share. Japan stood the second largest importer at 0.17 MnT (down 35% M-o-M), followed by Germany at 0.05 MnT.
United States: Country Wise Iron Ore Export
| Country | Oct-18 | Sep-18 | M-o-M (%) | Jan-Oct'18 | Jan-Oct'17 | Y-o-Y (%) |
| Canada | 1.03 | 1.02 | 1% | 8.49 | 6.56 | 29% |
| Japan | 0.17 | 0.26 | -35% | 1.88 | 1.99 | -6% |
| Germany | 0.05 | 0 | 100% | 0.16 | 0.04 | 300% |
| Mexico | 0.03 | 0.02 | 50% | 0.49 | 0.13 | 277% |
| Grand Total | 1.27 | 1.3 | -2% | 11.02 | 8.98 | 23% |
Quantity in MnT
Source: United States Customs
Provisional Data
