Economy

Chinese Iron Ore, Scrap & Flat Rolled Imports/Exports for 2014
Written by Brett Linton
January 29, 2015
Chinese steel trade data was recently released for the month of December 2014, providing updated data on iron ore imports, steel scrap imports, and flat rolled imports and exports. Chinese imports of iron ore in December were 86,850,000 metric tons, an increase of 28.9 percent from the previous month and an increase of 18.4 percent from December 2013. Total iron ore imports for 2014 came in at 932,515,000 tons, up 13.8 percent from the 819,410,000 tons recorded the year before.
December imports of steel scrap were 220,000 tons, up 15.8 percent from November but down 29.0 percent from the same month one year ago. 2014 total levels for steel scrap imports were adjusted to 2,560,000 tons, down 42.6 percent from 4,460,000 tons in 2013.
Flat rolled imports in December were 1,010,000 tons, a 6.3 percent increase from the previous month but a 1.1 percent decrease over December 2013 figures. Total 2014 imports were adjusted to 12,080,000 ton, slightly up from 11,890,000 tons the year before. Chinese exports of flat rolled steel were 4,430,000 tons for December, up 6.0 percent from November and up 83.6 percent from December 2013. Total flat rolled exports for 2014 are at an adjusted 43,670,000 tons, a 58.0 percent jump from the 27,640,000 tons reported in 2013. (Source: China Customs Service)
SMU Note: You can view the interactive graphic below when you are logged into the website and reading the newsletter online. If you have not logged into the website in the past and need a new user name and password we can do that for you out of our office. Contact us at: info@SteelMarketUpdate.com or by calling 800-432-3475. If you need help navigating the website we would also be very happy to assist you.
{amchart id=”127″ Chinese Trade Data- China Iron Ore, Scrap, Flat Rolled Imports and Exports}

Brett Linton
Read more from Brett LintonLatest in Economy

ISM September survey captures deepening manufacturing gloom
The Institute for Supply Management’s (ISM) latest monthly report on manufacturing reflects a bleak view of American industry in September.

Key industries concerned over government shutdown’s impact on steel, manufacturing
Trade groups cautioned that a prolonged shutdown could strain US industry.

Chicago Business Barometer catches cold winds of contraction in September
The Chicago Business Barometer's September reading indicates a softening in overall business activity in the Midwest for the third consecutive month, with new orders and backlogs retreating further.

Metalforming market sentiment takes a dive in September: PMA
Metalforming manufacturers anticipate a decrease in near-term conditions, according to the Precision Metalforming Association's (PMA) Business Conditions Report for September.

AIA: Architecture firms still under pressure
Architecture firms reported a modest improvement in billings through August, yet business conditions remained soft, according to the latest Architecture Billings Index (ABI) release from the American Institute of Architects (AIA) and Deltek.