You are here: Home > Steel News > Latest Steel News > Iron...

Iron ore imports at Jiangyin port decline in Q1

Wednesday, 18 April 2012 17:24:44 (GMT+3)   |  
       

The authorities at Jiangyin port in the eastern Chinese province of Jiangsu have announced that in the January-March period of the current year imports of iron ore at the port totaled 920,000 mt, as compared to 1.2 million mt in the first three months of 2011. The value of these imports in the first quarter this year totaled $99.54 million, compared to $180 million in the first quarter of 2011.

In the first three months of the current year, the main sources of iron ore imports arriving at Jaingyin port were Indonesia, India, Iran, the Philippines and Malaysia. In recent years, the share of Indian iron ore in the overall iron ore import volume arriving at Jiangyin port has fallen from 90 percent to about 20 percent, mainly due to the increased iron ore export tax in India and output limitations in some regions of India.

Meanwhile, import prices of iron ore at Jiangyin port have continued to slide down since the second half of 2011, according to the port authorities.


Similar articles

Iron ore prices in China gradually rise amid further stimulus hopes in Dec

21 Nov | Scrap & Raw Materials

Major steel and raw material futures prices in China – November 21, 2024 

21 Nov | Longs and Billet

Brazilian high-grade iron ore price increases from last week

20 Nov | Scrap & Raw Materials

India’s KFIL installs third oxygen plant at its Koppal mill

20 Nov | Steel News

Tata Steel ferroalloys division first in India to publish environmental protection declaration

20 Nov | Steel News

Daily iron ore prices CFR China - November 20, 2024

20 Nov | Scrap & Raw Materials

Major steel and raw material futures prices in China – November 20, 2024 

20 Nov | Longs and Billet

China’s iron ore output up 2.8 percent in January-October

20 Nov | Steel News

Daily iron ore prices CFR China - November 19, 2024

19 Nov | Scrap & Raw Materials

India’s KIOCL seeks overseas suppliers for iron ore concentrate-hematite for its pellet plant

19 Nov | Steel News