South Korea: Iron ore imports rise by 9% m-o-m in Nov'23

• South Korea's iron ore imports (including pellets) rose by 9% m-o-m to 5.80 mnt in Nov'23 compared to 5.30 mnt in Oct'23, as per Customs data maintained with SteelMint.
• Australia emerged as the largest exporter with 4.44 mnt followed by Brazil with 409,009 t.
• Cumulative import volumes (Jan-Nov'23) increased by 1% y-o-y to 62.65 mnt as compared to 61.79 mnt in the year-ago period.