Economy
Chinese Iron Ore, Scrap & Flat Rolled Imports/Exports for September 2016
Written by Brett Linton
October 24, 2016
Chinese steel trade data was recently released for the month of September 2016, providing updated data on iron ore imports, scrap imports, and flat rolled imports and exports. Chinese imports of iron ore in September were 92,990,000 metric tons, an increase of 6.0 percent from the previous month and an increase of 8.0 percent from September 2015. Total iron ore imports for the first nine months of 2016 are at 762,550,000 metric tons.
September Chinese imports of steel scrap were 180,000 metric tons, a decrease of 5.3 percent from August and down 6.7 percent over the same month one year ago. 2016 total levels for steel scrap imports are at 1,530,000 metric tons.
Flat rolled imports to China in September were 940,000 metric tons, unchanged from the previous month and up 10.7 percent over September 2015 figures. Total 2016 YTD imports were adjusted to 8,270,000 metric tons.
Chinese exports of flat rolled steel were 4,250,000 metric tons for September, down 2.1 percent from August and down 12.1 percent from September 2015. Total flat rolled exports for 2016 through September are at an adjusted 36,510,000 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
Read more from Brett LintonLatest in Economy
Housing starts slide in August, but interest rate cut should help
Housing starts slowed in the US in August as affordability challenges and cautious builder sentiment weighed on new construction activity.
Second steel derivatives S232 inclusion window opens, business community voices concern
The US Department of Commerce announced that its second window for submitting applications for the inclusion of derivative steel and aluminum products in Section 232 tariffs is now open, according to the US Federal Register. September’s Inclusion Window Sept. 15 through Sept. 29, applicants can email requests for inclusions to the Defense Industrial Base Programs. The first […]
Steel Summit: ITR economist urges execs to prepare for growth, not recession
If the steel industry professionals who made it to the very final presentation of this year’s SMU Steel Summit were expecting another round of cautious forecasting, they were in for a surprise. Because what they got was a wake-up call.
ISM: Manufacturing growth remained down in August
US manufacturing activity remained muted in August despite a marginal gain from July's recent low, according to supply executives contributing to the Institute for Supply Management (ISM)’s latest report.
Steel Summit: Dr. Basu blames tariffs for riskier path ahead
Steel executives packed the main conference hall of the 2025 SMU Steel Summit on Tuesday, Aug. 26, to hear economist Dr. Anirban Basu lay out his blunt view of tariffs, inflation, and demand.