Economy

Chinese Trade Data in July: Iron Ore and Flat Rolled Up, Scrap Down

Written by Brett Linton

September 11, 2014

Chinese steel trade data was recently released for the month of July 2014, providing updated data on iron ore imports, steel scrap imports, and flat rolled imports and exports. Chinese imports of iron ore in July were 82,520,000 metric tons, an increase of 10.7 percent from the previous month and an increase of 12.8 percent from July 2013. Total iron ore imports for 2014 were adjusted to 539,600,000 tons.

July imports of steel scrap were 250,000 tons, down 13.8 percent from June and down 10.7 percent from the same month one year ago. 2014 total levels for steel scrap imports were adjusted to 1,550,000 tons.

Flat rolled imports in June were 1,010,000 tons, an 8.6 percent increase from the previous month and a 4.1 percent increase over July 2013 figures. Total 2014 imports were adjusted to 7,060,000 tons. Chinese exports of flat rolled steel were 3,930,000 tons for July, up 16.3 percent from June and up 62.4 percent from July 2013. Total flat rolled exports for 2014 are at an adjusted 23,370,000 tons. (Source: China Customs Service)

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{amchart id=”127″ Chinese Trade Data- China Iron Ore, Scrap, Flat Rolled Imports and Exports}

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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