Steel Shipments Decline by 15% MoM in National Ports Last Week

Last week (2024.11.23-2024.11.29)

The total shipments of steel from SMM's national ports amounted to 6.2576 million mt, down 1.0995 million mt MoM, a decrease of 15%. Among them, the total shipments from the six major northern ports (Jingtang Port, Caofeidian Port, Bayuquan Port, Tianjin New Port, Huanghua Port, Jinzhou Port) were 2.0469 million mt, down 985,500 mt MoM, accounting for 33% of the total shipments.

The total shipments from the three major ports in east China (Shanghai Port, Zhangjiagang Port, Lanbei Port) were 744,600 mt, up 145,900 mt MoM, accounting for 12% of the total shipments. The total shipments from the two major ports in south China (Zhanjiang Port, Fangchenggang) were 587,700 mt, up 139,600 mt MoM, accounting for 9% of the total shipments.