[SMM Steel Shipping] China’s total exports increased by 5% last week

1.Steel domestic trade shipping

Shipping data

Last week (Mar 23-Mar 29)

SMM statistics showed that China’s steel port shipments by domestic trade totaled 5.1711 million mt in the week of March 23-29, down 22% week-on-week. Among them, the combined shipments across six major ports in the north (Jingtang Port, Caofeidian Port, Bayuquan Port, Tianjin Xingang Port, Huanghua Port, Jinzhou Port) were 1.8613 million mt, down 930,300 mt and accounting for 36% of the total shipments. The combined shipments across three major ports in east China (Shanghai Port, Zhangjiagang Port and Lanbei Port) were 537,700 mt, an increase of 14.26 mt WoW and accounting for 10% of the total shipments. The combined shipments across two major ports in south China (Zhanjianggang Port and Fangchenggang Port) were 245,900 mt, a decline of 61,300 mt and accounting for 5% of the total shipments.

2.Arrival data

Last week (Mar 23-Mar 29)

SMM statistics showed that steel arrivals at domestic ports totaled 4.9331 million mt last week, down 18% week-on-week. Among them, arrivals across the 13 major ports in east China were 3.2758 million mt, down 170,000 mt and accounting for 66% of the total arrivals. Arrivals at Guangzhou Port in south China were 199,400 mt, accounting for 4% of the total arrivals.

2. Steel foreign trade shipping

Export data

Last week (Mar 23-Mar 29)

Port shipments outside China were 1.9541 million mt last week, up 47% from a week ago. Shipments by Chinese ports for exports were 1.9065 million mt, an increase of 5% on a weekly basis

In terms of varieties, global port shipments of steel plate were 93,600 mt last week, up 51% week-on-week. Global port shipments of steel coil were 514,500 mt last week, up 136% week-on-week. Global port shipments of pig iron were 727,600 mt last week, up 62% week-on-week. Global port shipments of steel billets were 395,300 mt last week, up 70% week-on-week

Arrival data

Last week (Mar 23-29)

The total amount of steel arriving at China's 119 ports was 344,700 mt, a decrease of 18,200 mt or 5% from a week earlier.