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.
The Ministers of Finance of the Kingdom of Saudi Arabia, the United Arab Emirates, the State of Kuwait…1230 | the publication reaches you by | Bahrain News
But Omani intake slumped -65% to 139,074t. United Arab Emirates, moreover, took in zero versus over 220,000t a year earlier.
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.
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