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Canadian Iron Ore exports rise sharply in Jan-July

Update:2016-09-02   View(s):1706   Keywords :
In the first half to the 2016, the iron ore exports by Canada  increased by over 10 percent. Among provinces, Quebec topped with total exports  of 1.972 million tons(Mt) in June ’16 and 19.463 Mt during the six month period  from January to June.


The Quebec's iron ore concentrates  exports totaled 1.409 mt during June this year followed by Newfoundland and  Labrador with 745,513 tons. The value of iron ore concentrate exports during the  month dropped sharply by 22.6% from $174.945 million in June last year to  $135.337 million in June 2016. The unit price per tonne too declined by 12.2%  from $71.6 to $62.8.


The combined exports of pellets and  concentrates in June this year by Canada totaled 3.392 mt. The exports decreased  by over 6 percent when compared with 3.613 mt during the same period a year  ago.


The cumulative iron ore exports by Canada during the  first six months of 2016 totaled 19.463 mt, surging higher by nearly 11% over  the previous year. The iron ore export reported by various provinces is as  follows: Quebec (10.637 Mt), Newfoundland and Labrador (8.800 Mt) and Ontario  (26,227 tonnes). The exports were valued at $1,361.2 million at an average of  $69.9 per ton.