Steel Shipments Rise 16% Week-on-Week, Led by Nationwide Surge Despite Northern Port Decline

Last week (2024.10.12-2024.10.18)

The total shipment of steel products from SMM's nationwide ports reached 7.0342 million tonnes, an increase of 960,000 tonnes or 16% from the previous week. Among them, the total shipment from the six major northern ports (Jingtang Port, Caofeidian Port, Bayuquan Port, Tianjin Xingang Port, Huanghua Port, and Jinzhou Port) was 2.0298 million tonnes, a decrease of 269,000 tonnes from the previous week, accounting for 29% of the total shipment...