Chinese Iron Ore, Scrap, Flat Rolled Data through July

Chinese steel trade data was recently released for the month of July 2018, providing updated data on iron ore imports, scrap imports and flat rolled imports and exports. Chinese imports of iron ore in July totaled 89,960,000 metric tons, an increase of 8.1 percent from the previous month, and an increase of 4.3 percent from July 2017. China’s total iron ore imports for the first seven months of 2018 were 620,650,000 metric tons. The same period in 2017 was slightly more at 625,433,000 tons.

Chinese imports of steel scrap in July totaled 80,000 metric tons, unchanged over June, and down 42.9 percent over the same month one year ago. Steel scrap imports into China in the first seven months of 2018 totaled 930,000 metric tons, down from 1,450,000 tons through the same period in 2017.