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South Korean Iron Ore Imports Inch Higher in January

Iron Ore

South Korean iron ore imports rose to 6.4 Mt last month, up by 0.2 Mt from January 2019, provisional data from Korea Customs Service show.

Iron ore receipts from Australia climbed by 0.7 Mt year-on-year to 5.0 Mt and imports from Canada rose to 0.3 Mt (+0.1 Mt). But imports from Brazil and South Africa declined from January 2019 by 0.2 Mt apiece to 0.7 Mt and 0.2 Mt last month.