Economy

Chinese Iron Ore, Scrap & Flat Rolled Imports/Exports for 2014

Written by Brett Linton

January 29, 2015

Chinese steel trade data was recently released for the month of December 2014, providing updated data on iron ore imports, steel scrap imports, and flat rolled imports and exports. Chinese imports of iron ore in December were 86,850,000 metric tons, an increase of 28.9 percent from the previous month and an increase of 18.4 percent from December 2013. Total iron ore imports for 2014 came in at 932,515,000 tons, up 13.8 percent from the 819,410,000 tons recorded the year before.

December imports of steel scrap were 220,000 tons, up 15.8 percent from November but down 29.0 percent from the same month one year ago. 2014 total levels for steel scrap imports were adjusted to 2,560,000 tons, down 42.6 percent from 4,460,000 tons in 2013.

Flat rolled imports in December were 1,010,000 tons, a 6.3 percent increase from the previous month but a 1.1 percent decrease over December 2013 figures. Total 2014 imports were adjusted to 12,080,000 ton, slightly up from 11,890,000 tons the year before. Chinese exports of flat rolled steel were 4,430,000 tons for December, up 6.0 percent from November and up 83.6 percent from December 2013. Total flat rolled exports for 2014 are at an adjusted 43,670,000 tons, a 58.0 percent jump from the 27,640,000 tons reported in 2013. (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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