The corresponding 3D continuity equation applies in special cases
(magnetic field lines, vortex lines). It also serves as an approximation
in cases where you can neglect the timelike term in the 4D continuity
equation.
Let's be clear: 3D continuity is an amputated part of the conservation
equation, applicable when there is no accumulation.
Similarly: The idea of /constancy/ is the other amputated part of the
conservation equation, applicable when there is no flow.
Those two parts /working together/ make up the 4D continuity equation,
which expresses conservation.
Bottom line: Rather than talking about «conservation» of current, which
would be crazy wrong, talk about
*) conservation of charge
*) continuity of current
-- approximate continuity of the 3D current
-- exact continuity of the spacetime [charge,current] 4-vector