China’s steel scrap exports down 99.6% YoY in Aug

Published: Sep 27, 2018 10:19
China exported 1,697 mt of steel scrap in Aug, down 99.6% on a yearly basis

SHANGHAI, Sep 27 (SMM) – China exported 1,697 mt of steel scrap in August, down 99.6% on a yearly basis, according to the latest data from China Customs, taking the year-to-date volume to 333,018 mt, standing 62.1% lower than the same period last year.

Customs data also showed that China’s exports of flat steel products stood at 3.41 million mt in August, down 14.9% year on year. The volume totaled 26.95 million mt in January-August, down 13.3% from the corresponding period last year.

For long steel products, a total of 1.03 million mt were exported from China in August, according to the Customs.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn
For more information on how to access our research reports, please contact:service.en@smm.cn
China’s steel scrap exports down 99.6% YoY in Aug - Shanghai Metals Market (SMM)