Economy

Chinese Iron Ore, Scrap, Flat Rolled Data for August

Written by Brett Linton

September 26, 2017

Chinese steel trade data was recently released for the month of August 2017, providing updated data on iron ore imports, scrap imports, and flat rolled imports and exports. Chinese imports of iron ore in August were 88,660,000 metric tons, an increase of 2.8 percent from the previous month and an increase of 1.1 percent from August 2016. Total iron ore imports for the first eight months of 2017 are at 713,980,000 metric tons.

August Chinese imports of steel scrap were 140,000 metric tons, unchanged over July and down 26.3 percent over the same month one year ago. 2017 total levels for steel scrap imports are at 1,590,000 metric tons.

Flat rolled imports to China in August were 810,000 metric tons, also unchanged over the previous month and down 13.8 percent over August 2016 figures. Total 2017 YTD imports were adjusted to 7,280,000 metric tons.

Chinese exports of flat rolled steel were 4,010,000 metric tons for August, down 6.3 percent from July and down 7.6 percent from August 2016. Total flat rolled exports for 2017 through August are at an adjusted 31,140,000 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

Brett Linton is a senior analyst for Steel Market Update, where he began his career. Linton has been in the steel industry since 2010. He has held roles as a category manager and strategic insights director at Reibus before returning to SMU in 2024. He is a graduate of The University of North Georgia with a degree in Finance and Accounting. Brett can be reached at brett@steelmarketupdate.com or 724-314-0179.

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