November 21, 2008

South African iron ore exports in 2007 up by 16% YoY

It is reported that South Africa exported 30.336 million tonnes of iron ore in 2007, which represents an increase of 16% YoY as compared to 26.161 million tonnes in 2006.

As per report, the major destinations are as under

1. China - 11.772 million tonnes up by 8.2% YoY
2. Japan – 6.570 million tonnes up by 33.7% YoY
3. Germany – 5.658 million tonnes up by 54.8% YoY