Economy
Chinese Trade Data for August
Written by Brett Linton
September 23, 2014
Chinese steel trade data was recently released for the month of August 2014, providing updated data on iron ore imports, steel scrap imports, and flat rolled imports and exports. Chinese imports of iron ore in August were 74,880,000 metric tons, a decrease of 9.3 percent from the previous month but an increase of 8.5 percent from August 2013. Total iron ore imports for 2014 were adjusted to 614,380,000 tons.
August imports of steel scrap were 210,000 tons, down 16.0 percent from July and down 38.2 percent from the same month one year ago. 2014 total levels for steel scrap imports were adjusted to 1,760,000 tons.
Flat rolled imports in July were 990,000 tons, a 2.0 percent decrease from the previous month and a 2.9 percent decrease over August 2013 figures. Total 2014 imports were adjusted to 8,050,000 tons. Chinese exports of flat rolled steel were 3,820,000 tons for August, down 2.8 percent from July but up 35.9 percent from August 2013. Total flat rolled exports for 2014 are at an adjusted 27,190,000 tons. (Source: China Customs Service)
SMU Note: You can view the interactive graphic below when you are logged into the website and reading the newsletter online. If you have not logged into the website in the past and need a new user name and password we can do that for you out of our office. Contact us at: info@SteelMarketUpdate.com or by calling 800-432-3475. If you need help navigating the website we would also be very happy to assist you.
{amchart id=”127″ Chinese Trade Data- China Iron Ore, Scrap, Flat Rolled Imports and Exports}
Brett Linton
Read more from Brett LintonLatest in Economy
Supply chains, end-users brace for impact from tariffs
Supply chains are working through what the tariffs mean for them
ISM: Manufacturing expansion loses steam after two months of growth
US manufacturing activity slowed in March after two straight months of expansion, according to supply executives contributing to the Institute for Supply Management (ISM)’s latest report.
Chicago Business Barometer rose to 16-month high in March
The Chicago Business Barometer increased for the third-consecutive month in March. Despite this, it still reflects contracting business conditions, as it has since December 2023.
Durable goods orders rise again in February
Transportation equipment led the increase, rising 1.5% to $98.3 billion.
Consumer confidence falls for fourth consecutive month
People remain concerned about inflation, trade policies, and tariffs.