Economy
Chinese Iron Ore, Scrap & Flat Rolled Imports/Exports for November 2015
Written by Brett Linton
December 22, 2015
Chinese steel trade data was recently released for the month of November 2015, providing updated data on iron ore imports, scrap imports, and flat rolled imports and exports. Chinese imports of iron ore in November were 82,130,000 metric tons, an increase of 8.8 percent from the previous month and an increase of 21.9 percent from November 2014. Total iron ore imports for the first eleven months of 2015 are at 856,550,000 metric tons.
November Chinese imports of steel scrap were 180,000 metric tons, an increase of 12.5 percent from October but a decrease of 5.3 percent from the same month one year ago. 2015 total levels for steel scrap imports are at 2,130,000 metric tons.
Flat rolled imports to China in November were 760,000 metric tons, a 5.0 percent decrease from the previous month and a 20.0 percent decrease over November 2014 figures. Total 2015 YTD imports were adjusted to 9,760,000 metric tons.
Chinese exports of flat rolled steel were 3,930,000 metric tons for November, up 3.1 percent from October but down 6.0 percent from November 2014. Total flat rolled exports for 2015 through November are at an adjusted 44,100,000 metric tons. (Source: China Customs Service)
You can view an interactive graphic of the Chinese trade data history on the Steel Market Update website 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
Beige Book finds growing economic, policy uncertainty
All districts reported "hesitancy and a cautious approach to business and household decisions,” according to the Beige Book.
ISM: Manufacturing continues to contract in May
May marks the third consecutive month US manufacturing activity declined, according to supply executives contributing to the Institute for Supply Management (ISM)’s latest report.
Chicago PMI decreases 4.1 points in May
The Chicago Business Barometer reports that decreases in new orders, order backlogs, and softer production pulled the index down by 4.1-points to 40.5, in May.
Architecture firms struggle through April
For the third month in a row, architecture firms reported a reduction in billings through April, according to the latest Architecture Billings Index release.
House committee blocks GOP budget proposal
The budget proposal has big implications for steel and manufacturing.