United States: Iron Ore Imports Up 15%; Exports Down 25% in Nov'18

United States, recorded iron ore imports at 0.61 MnT in Nov'18, up 15% as against 0.53 MnT in Oct'18. However, on yearly basis, imports recorded 61% increase as against Nov'17 imports at 0.38 MnT.

For the duration Jan-Nov'18, total imports by US marked at 4.99 MnT, down 11% as compared to 5.63 MnT for last year same duration (Jan-Nov'17).

US crude steel production down in Nov'18

United States crude steel production recorded 2% fall in Nov'18 at 7.40 MnT as against Oct'18 production at 7.57 MnT. On yearly basis, output increased 11% as compared to 6.64 MnT in Nov'17.

Brazillian exports to US down 58% in Nov'18

Canada stood the largest exporter for the month at 0.22 MnT, up significantly against 0.03 MnT a month ago. Brazil stood second largest exporter at 0.19 MnT followed by Sweden at 0.13 MnT.

United States: Country Wise Iron Ore Import

Quantity in MnT
Source: United States Customs
Provisional Data

United States Iron Ore Exports down 25% in Nov'18

United States iron ore exports for the month of Nov'18 witnessed at 0.95 MnT, down 25% on monthly basis as against 1.27 MnT in Oct'18. However, on yearly basis exports increased slightly against 0.94 MnT in Nov'17.

US exports for Jan-Nov'18 witnessed at 11.97 MnT, up 20% as against Jan-Nov'17 at 9.94 MnT.

United States exports to Canada down 34% in Nov'18

Canada stood the largest importer of iron ore from US in the month of Nov'18 at 0.68 MnT, contributing 72% of total exports share. Canadian imports dropped 34% M-o-M against 1.03 MnT in Oct'18. Japan stood the second largest importer at 0.2 MnT (up 18% M-o-M), followed by Mexico at 0.07 MnT.

United States: Country Wise Iron Ore Export

Quantity in MnT
Source: United States Customs
Provisional Data