Bahrain pellet exports decline despite expanded geography

Bahraini exports of agglomerated iron ore declined -14% on-year in June to 532,272 tonnes, according to Information and eGovernment Authority data monitored by Kallanish. Their average value was $157/tonne versus $131/t in June 2018.

UAE, KSA, Kuwait to Enhance Bahrain Fiscal Stability

The Ministers of Finance of the Kingdom of Saudi Arabia, the United Arab Emirates, the State of Kuwait…

More countries sourced from Bahrain than in 2018, with Egypt, Libya, Tonga and even Brazil taking in 169,912 tonnes, 102,006t, 66,864t and 54,416t respectively versus zero a year earlier.

But Omani intake slumped -65% to 139,074t. United Arab Emirates, moreover, took in zero versus over 220,000t a year earlier.

The main source of Bahrain’s non-agglomerated iron ore feedstock for pellet making in June was Brazil, which supplied 807,713t, up 145% on-year.

Canada and Norway also supplied 167,761t and 160,291t respectively versus zero a year earlier.

Bahrain also supplied 4,500t of direct reduced iron to Indonesia, while last year its sole market was Saudi Arabia with 61,986t.

Exports of billet, meanwhile, slumped -64% in June to 41,776t, with Saudi Arabia and UAE taking in 26,167t and 15,609t respectively.

This was down -32% in Saudi’s case but up from virtually zero for UAE. Indonesia, however, sourced zero versus over 78,000t in June 2018.

India increased ferrous scrap intake from Bahrain by 16% to 7,610t but Pakistan sourced -14% less at 4,178t.

Improving Organizational Performance with Fusion Leadership and Business Excellence in Bahrain

Global Experts in Leadership and Business Excellence will lead a powerful discussion focusing on improving organizational performance at…

Keywords: Bahrain
Category Business | 2019/07/22 latest update at 3:40 PM
Source : Internet | Photocredit : Google

222 Views
Comments Add comment

Parliament supports evacuation plan; rejects Qatari irresponsible...

Qatar hosting 31 Bahrainis after Manama declines...

Health centres’ working hours changed

The editorial staff of Bahrain Today would like to give all of its readers from Gulf and Bahrain and the whole world the opportunity to participate actively in the development of the website! If you have something interesting, fun, scandalous - just something worth to be seen from more people. Capture it and share it in the Bahrain Today with a short text.

Do you have information you want to reach our readers?

Send article/s

You can subscribe to our Facebook, Twitter and Google pages or use our RSS feed channel to always read the most important news about Bahrain, the Gulf and the world.