Author: Paul Ploumis29 Oct 2014 Last updated at 06:08:49 GMT
PARIS (Scrap Monster): The iron ore imports by France during the month of August this year were up 25.8% over the imports recorded during the same month a year ago. This is as per the latest estimate figures released by Eurostat.
The country’s iron ore imports during the month totaled 1.557 million tonnes. The iron ore imports had totaled 1.238 million tonnes during August last year.
The largest import source of iron ore by France during Aug ’14 was Canada. The total imports from Canada amounted to 771,510 tonnes. The second largest exporter of iron ore to France was Brazil. The total imports by France from the country totaled 450,205 tonnes during August this year. In third place was Sweden (167,699 tonnes), followed by Liberia (98,523 tonnes) and Luxembourg (67,687 tonnes).
The cumulative iron ore imports by France during the eight-month period from January to August this year totaled 11.619 million tonnes, 19% higher when compared with the imports of 9.760 million tonnes during the corresponding eight month period in 2013.
The largest exporter of iron ore to France during January to August this year was Brazil. The imports from Brazil totaled 5.144 million tonnes. In second place was Canada with 4.199 million tonnes, followed by Liberia (799,279 tonnes) and Mauritania (476,707 tonnes).
The average import price during August this year declined 23% over the previous year to $90.7 per tonne CFR.