Chinese Imports of Iron Ore – Q1 2012

Chinese imports of iron ore for the first quarter of 2012 were 187 MT, which is a record high for the largest importer in the world and is 5% up from the last quarter.  The top 10 origin countries were:

1 AUSTRALIA 83.0 MT +1.1%
2 BRAZIL 41.6 MT +9.3%
3 INDIA 14.1 MT +21.6%
4 SOUTH AFRICA 10.2 MT +4.4%
5 CANADA 5.5 MT +42.9%
6 UKRAINE 4.0 MT +19.3%
7 INDONESIA 3.9 MT +20.7%
8 IRAN 3.9 MT +7.4%
9 RUSSIA 3.3 MT -10.1%
10 PERU 1.9 MT -21.1%

Those percentages are compared to the last quarter (Q4 2011), when compared the the start of 2011 the imports from India have fallen 47% with the slack taken up predominantly by imports from Australia.  Imports from Iran, Russia and Peru also fell when compared to the same quarter of 2011.


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