Steel Products

July Chinese Iron Ore, Scrap, and Flat Rolled Trade Data
Written by Brett Linton
August 20, 2013
Chinese imports of iron ore in July were 73,140,000 metric tons, an increase of 17.4 percent from the previous month and an increase of 26.4 percent from July 2012. Year to date iron ore imports are at 457,230,000 MT through June.
July imports of steel scrap were 280,000 MT, down 26.3 percent from June and down 31.7 percent from the same month one year ago. Year to date levels were at 2,840,000 MT for the first seven months of the year.
Flat rolled imports in June were 970,000 MT, a 6 percent increase from the previous month and equal to imports during July of 2012. Year to date imports were at 6,810,000 MT. Exports of flat rolled steel were 2,420,000 MT for July, down 5.1 percent from June but up 23.5 percent from July 2012. Year to date flat rolled exports are at 15,770,000 MT. (Source: China Customs Service)

Brett Linton
Read more from Brett LintonLatest in Steel Products
CRU: Excessive global supply could hit rebar mill investments in US
Following the onset of the war in Ukraine in March 2022, concerns about import availability and expectations of rising demand from President Biden’s Infrastructure Bill pushed US rebar prices to record highs. In response, a flurry of new mills and capacity expansions were announced to meet the rise in demand from growth in the construction […]

Steel buyer spirits tempered by soft spot market conditions
Steel sheet buyers report feeling bogged down by the ongoing stresses of stagnant demand, news fatigue, tariff negotiations or implementation timelines, and persistent macroeconomic uncertainty.

CRU: US stainless prices to rise on expanded S232 tariffs
Stainless prices in the US market will rise, following price increases by major US producers. Our base case scenario incorporates higher US prices in the near term, despite the initial negative reaction by the market. US stainless prices will go up in 2025 H2 and will stay elevated in 2026 as tariffs on stainless […]

Galvanized steel demand unsteady amid lingering buyer fatigue: HARDI
Uneven demand for galvanized steel in June reflects a market that remains mired in uncertainty, according to industry sources.

OCTG industry salutes Customs for catching trade crooks
The US OCTG Manufacturers Association is commending US Customs for intercepting another Thai company's attempt to illegally transship Chinese oil pipe to the US.