Steel Products

July Chinese Iron Ore, Scrap, and Flat Rolled Trade Data
Written by Brett Linton
August 20, 2013
Chinese imports of iron ore in July were 73,140,000 metric tons, an increase of 17.4 percent from the previous month and an increase of 26.4 percent from July 2012. Year to date iron ore imports are at 457,230,000 MT through June.
July imports of steel scrap were 280,000 MT, down 26.3 percent from June and down 31.7 percent from the same month one year ago. Year to date levels were at 2,840,000 MT for the first seven months of the year.
Flat rolled imports in June were 970,000 MT, a 6 percent increase from the previous month and equal to imports during July of 2012. Year to date imports were at 6,810,000 MT. Exports of flat rolled steel were 2,420,000 MT for July, down 5.1 percent from June but up 23.5 percent from July 2012. Year to date flat rolled exports are at 15,770,000 MT. (Source: China Customs Service)

Brett Linton
Read more from Brett LintonLatest in Steel Products

US HR prices surge above offshore tags
Hot-rolled (HR) coil prices leaped in the US this week, while tags abroad saw more measured gains. The result: US hot band prices have become even more expensive than imports on a landed basis. In fact, the premium US HR prices carry over HR prices abroad now stands at a 12-month high.

US rig counts inch up again, Canadian activity slips
The latest oil and gas rig count in the US increased slightly from last week, while Canadian activity edged lower, according to Baker Hughes.

SMU flat-rolled market survey results now available
SMU’s latest steel buyers market survey results are now available on our website to all premium members. After logging in at steelmarketupdate.com, visit the pricing and analysis tab and look under the “survey results” section for “latest survey results.” Past survey results are also available under that selection. If you need help accessing the survey results, or if […]

CRU: Rising protectionism impacts global steel trade
US sheet prices surge following tariff announcement

SMU Community Chat replay now available
The latest SMU Community Chat webinar reply is now available on our website to all members. After logging in at steelmarketupdate.com, visit the community tab and look under the “previous webinars” section of the dropdown menu. All past Community Chat webinars are also available under that selection. If you need help accessing the webinar replay, or if your company […]