Market Data
March 25, 2013
China Trade Data for February
Written by John Packard
The following table is of the Chinese trade data for the month of February 2013. Tonnage shown is in thousands of metric tons.

Market Data
March 25, 2013
Written by John Packard
The following table is of the Chinese trade data for the month of February 2013. Tonnage shown is in thousands of metric tons.

Plate market participants expect domestic producers to issue a $40-60 per short ton (st) price increase.
The Dodge Momentum Index (DMI) fell 6.2% in January to 272.7, retreating from December’s downwardly revised reading of 291.0, according to the latest data released by Dodge Construction Network.
Baker Hughes' latest rig count report shows oil and gas drilling picked up in the US this week, but slowed in Canada. Oil drilling in both countries is down from last year, while gas drilling has picked up, mainly in the US.
SMU’s Steel Buyers’ Sentiment Indices both edged lower this week following the multi-month highs set in mid-January.
November apparent steel supply declined 9% or 772,000 short tons (st) from October to 7.61 million st, the lowest measure recorded since February 2021