SHANGHAI, Nov 14 (SMM) – SMM statistics showed that China’s steel port shipments by domestic trade totalled 7.35 million mt in the week of November 5-11, down 8% 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 3.39 million mt, accounting for 46% of the total shipments. The combined shipments across three major ports in east China (Shanghai Port, Zhangjiagang Port and Lanbei Port) were 539,700 mt, accounting for 7% of the total shipments. The combined shipments across two major ports in south China (Zhanjianggang Port and Fangchenggang Port) were 519,800 mt, accounting for 7% of the total shipments.
Steel arrivals across Chinese ports under domestic trade were 5.96 million mt last week, down 1.91 million mt on a weekly basis.
Steel shipments by ports outside China were 1.5 million mt last week, down 21% from a week ago. Shipments by Chinese ports for exports were 1.98 million mt, an increase of 24% on a weekly basis.
