[SMM Steel Shipping] Last Week, China's Total Exports Increased by 37% WoW

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I.Domestic Steel Shipping

1. Shipment Data​

Last Week (2024.12.28-2025.1.3)

The total steel shipment volume at SMM national ports was 789.7 mt, up 402,000 mt (5%) MoM. Among them, the total shipment volume at six major northern ports (Jingtang Port, Caofeidian Port, Bayuquan Port, Tianjin New Port, Huanghua Port, Jinzhou Port) was 3.0824 million mt, up 361,300 mt, accounting for 39% of the total shipment volume. The total shipment volume at three major ports in east China (Shanghai Port, Zhangjiagang Port, Lanbei Port) was 630,400 mt, down 62,700 mt, accounting for 8% of the total shipment volume. The total shipment volume at two major ports in south China (Zhanjiang Port, Fangchenggang) was 528,600 mt, up 48,900 mt, accounting for 7% of the total shipment volume.

SMM Domestic Steel Shipment Volume (10,000 mt)

2. Port Arrival Data

Last Week (2024.12.28-2025.1.3)

The total steel port arrival volume in China was 7.4791 million mt, up 71,300 mt (1%) MoM. Among them, the total port arrival volume at 13 main ports in east China was 426.02 mt, up 156,000 mt, accounting for 57% of the weekly port arrival volume. The total port arrival volume at Guangzhou Port in south China was 562,000 mt, down 12,100 mt, accounting for 8% of the weekly port arrival volume.

SMM Domestic Steel Port Arrival Volume (10,000 mt)

II. Foreign Steel Shipping

1. Shipment Data

Last Week (2024.12.28-2025.1.3)

The total steel shipment volume at global ports (excluding China) was 2.5813 million mt, with a 12% MoM increase. The total shipment volume at Chinese ports was 3.026 million mt, with a 37% MoM increase.

SMM Foreign Port Shipment Volume (10,000 mt)

SMM Chinese Port Shipment Volume (10,000 mt)

By product type,

the global port shipment volume of steel plates was 157,500 mt, down 29% MoM. The global port shipment volume of steel coils was 727,700 mt, up 13% MoM. The global port shipment volume of pig iron was 840,100 mt, down 4% MoM. The global port shipment volume of steel billets was 38.82 mt, up 53% MoM.

2. Port Arrival Data

Last Week (2024.12.28-2025.1.3)

The total steel port arrival volume at 119 Chinese ports was 55.28 mt, up 134,000 mt (32%) MoM.

Steel Foreign Trade Port Arrival Volume

By product type,

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