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)

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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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