[SMM Steel Shipping] China's total exports hit new highs from Apr 27 to May 3

1. Steel Foreign Trade Shipping

1. Shipment data

Last week (Apr 27-May 3)

Port shipments outside China were 2.1327 million mt last week, down 14% from a week ago. Shipments by Chinese ports for exports were 2.5699 million mt, an increase of 6% on a weekly basis.

Figure 1-Shipments outside China (10,000 mt)

Figure 2-Shipments by Chinese ports (10,000 mt)

Global port shipments of steel plate were 286,500 mt last week, up 120% week-on-week. Global port shipments of steel coil were 404,800 mt last week, an increase of 18% week-on-week. Global port shipments of pig iron were 868,700 mt last week, down 19% week-on-week. Global port shipments of steel billets were 494,700 mt last week, down 9% week-on-week.

2. Arrival data

Last week (Apr 27-May 3)

The total amount of steel arriving at China's 119 ports was 306,900 mt, a decrease of 58,200 mt or 16% from a week earlier.

Figure 3 - Steel port arrivals in China under foreign trade (10,000 mt)