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Japan's iron ore purchases from Australia and Brazil remained weak in April despite a slight recovery in overall iron ore imports during the month.
Iron ore imports from Australia edged down by 1pc on the year to 6.6mn t in April, according to preliminary data released today by Japan's finance ministry. Imports from Brazil declined by 5pc to 2.2mn t in April.
Japan's total iron ore imports increased slightly in April from a year and month earlier as domestic steel mills gradually restored steel output from last year's lows, impacted by the Covid-19 pandemic and resulting global economic slowdown. But crude steel output has come under pressure recently from weak demand from the car manufacturing sector.
The government earlier forecast Japan's April-June crude steel output to fall compared with the previous quarter because of weak steel demand from the car and construction sectors.
| Japan's iron ore imports | 000t | |||||
| Origin | 21-Apr | 20-Apr | 卤 % | Jan-Apr 2021 | Jan-Apr 2020 | 卤 % |
| Australia | 6,556 | 6,633 | -1 | 21,837 | 21,341 | 2 |
| Brazil | 2,238 | 2,359 | -5 | 8,904 | 10,081 | -12 |
| Canada | 577 | 573 | 1 | 2,303 | 1,977 | 16 |
| US | 124 | 124 | unchanged | 388 | 521 | -26 |
| New Zealand | 0 | 0 | -99 | 0 | 1 | -67 |
| India | 308 | 74 | 416 | 911 | 673 | 35 |
| China | 0 | 72 | na | 0 | 282 | na |
| South Africa | 512 | 422 | 21 | 1,435 | 1,457 | -2 |
| Russia | 0 | 0 | unchanged | 0 | 314 | na |
| Mauritania | 0 | 0 | unchanged | 149 | 301 | -50 |
| Chile | 0 | 0 | unchanged | 153 | 0 | na |
| Peru | 0 | 0 | unchanged | 150 | 151 | -1 |
| Ukraine | 176 | 0 | na | 470 | 94 | 500 |
| Total | 10,491 | 10,257 | 2 | 36,700 | 37,193 | -1 |
| Source: Japan's finance ministry | ||||||
Source: Argusmedia
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