Economy
Chinese Iron Ore, Scrap & Flat Rolled Imports/Exports for June 2015
Written by Brett Linton
July 23, 2015
Chinese steel trade data was recently released for the month of June 2015, providing updated data on iron ore imports, steel scrap imports, and flat rolled imports and exports. Chinese imports of iron ore in June were 74,960,000 metric tons, an increase of 5.8 percent from the previous month and an increase of 0.5 percent from June 2014. Total iron ore imports for the first six months of 2015 are at 453,075,000 metric tons.
June imports of steel scrap were 210,000 metric tons, down 4.5 percent from May and down 27.6 percent from the same month one year ago. 2015 total levels for steel scrap imports are at 1,276,000 metric tons.
Flat rolled imports in June were 990,000 metric tons, a 12.4 percent increase from the previous month and a 6.5 percent increase over June 2014 figures. Total 2015 YTD imports were adjusted to 5,794,000 metric tons. Chinese exports of flat rolled steel were 3,620,000 metric tons for June, down 7.8 percent from May but up 7.1 percent from June 2014. Total flat rolled exports for 2015 through June are at an adjusted 23,658,000 metric tons. (Source: China Customs Service)
Below is a graph showing our Chinese trade data history. You will need to view the graph on our website to use it’s interactive features, you can do so by clicking here. If you need assistance with either logging in or navigating the website, please contact our office at 800-432-3475 or info@SteelMarketUpdate.com.
Brett Linton
Read more from Brett LintonLatest in Economy
ISM: Manufacturing growth slows in July, hits 10-month low
US manufacturing activity slowed again in July to a 10-month low
CRU: Pushing EU imports back to 15% would be a big task
Several EU member states have published a ‘non-paper’ that puts forward proposals for a post-safeguard trade measure.
SMU Community Chat: Tariff-induced panic purchases, inflation, and calculating costs
Chief executive of the Institute for Supply Management (ISM), Tom Derry highlighted how reactive buying behavior has shifted the market into a quiet demand period. Derry presented ISM data during the weekly SMU community chat.
Architecture billings still sluggish despite project inquiry uptick
The Architecture Billings Index (ABI), a leading indicator for non-residential construction activity, declined for an eighth straight month in June.
Beige Book: Tariff pressures mount, flat outlook
All districts reported “experiencing modest to pronounced input cost pressures related to tariffs, especially for raw materials used in manufacturing and construction.”