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Korean iron ore imports rise in H1

According to data, Korea’s iron ore imports totaled 36.81 million tonnes in the H1 of this year, soaring by 26% YoY.

The import prices of iron ore averaged at USD 128.4 per tonne CFR, down by 3.2% YoY.

Among them, 26.85 million tonnes were imported from Australia, increasing by 26.4%; 7.55 million tonnes were from Brazil, rising by 18.5% and 1.15 million tonnes were from South Africa, down by 17.1%, all compared to the figures in the same period of a year ago.

Source – yieh.com

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