Economy
Chinese Iron Ore, Scrap & Flat Rolled Imports/Exports for April 2016
Written by Brett Linton
May 24, 2016
Chinese steel trade data was recently released for the month of April 2016, providing updated data on iron ore imports, scrap imports, and flat rolled imports and exports. Chinese imports of iron ore in April were 83,920,000 metric tons, a decrease of 2.2 percent from the previous month but an increase of 4.6 percent from April 2015. Total iron ore imports for the first four months of 2016 are at 325,440,000 metric tons.
April Chinese imports of steel scrap were 200,000 metric tons, an increase of 5.3 percent from March, but a decrease of 33.6 percent from the same month one year ago. 2016 total levels for steel scrap imports are at 640,000 metric tons.
Flat rolled imports to China in April were 920,000 metric tons, a 14.0 percent decrease from the previous month and a 23.2 percent decrease over April 2015 figures. Total 2016 YTD imports were adjusted to 3,570,000 metric tons.
Chinese exports of flat rolled steel were 3,720,000 metric tons for April, down 12.5 percent from March and down 10.2 percent from April 2015. Total flat rolled exports for 2016 through April are at an adjusted 15,640,000 metric tons. (Source: Bradford Research, Inc. & 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
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