Scrap Monster
Vulcan
Vulcan
Iron Ore June 13, 2019 04:30:59 PM

U.S. Iron Ore Exports Remained Unchanged

Paul Ploumis
ScrapMonster Author
The U.S. exports of iron ores and concentrates to Canada were valued at $155.98 million.
U.S. Iron Ore Exports Remained Unchanged

SEATTLE (Scrap Monster): The latest trade data published by the U.S. Census Bureau indicates that iron ore exports remained more or less unchanged, decreasing marginally by 0.35% during the opening four-month period in 2019. On the other hand, imports registered notable rise, when compared with the corresponding period a year before.

According to data, the U.S iron ore and concentrate exports were valued at $186.73 million through April this year, when compared with the year-ago period. The imports during the month of April 2018 had totaled $187.39 million.

The U.S. exports of iron ores and concentrates to Canada were valued at $155.98 million. Canada received nearly 84% of the total U.S. exports during Jan-Apr ‘19. The exports to Japan were valued at $22.34 million. The other major destinations of ore exports from the U.S. were Mexico ($4.21 million), the UK ($1.77 million) and Poland ($1.54 million). These five countries accounted for nearly 99.5% of the ores and concentrates exported by the U.S during the first four months of 2019.

The U.S imports have surged higher by nearly 22% over the previous year to total $220.55 million during the first four months of the current year. It must be noted that the country’s imports were valued at $181.21 million during Jan-Apr ’18. The top five exporters during this period were Brazil ($112.47 million), Canada ($53.95 million), Russia ($26.76 million), Sweden ($20.74 million) and Chile ($3.97 million).