Steel Shipments Drop 24% Week-on-Week as Northern Ports See Significant Decline

Last week (August 24-30, 2024)

The total steel shipment volume from SMM's nationwide ports reached 5.7327 million tonnes, a decrease of 1.8576 million tonnes or 24% from the previous week. Among them, the total shipment volume from the six major northern ports (Jingtang Port, Caofeidian Port, Bayuquan Port, Tianjin Xingang Port, Huanghua Port, and Jinzhou Port) was 1.5149 million tonnes, a decrease of 299,400 tonnes from the previous week, accounting for 26% of the total shipment volume...