Steel Shipments And Arrivals Across Chinese Ports

SHANGHAI, May 23 (SMM) – Steel shipments across Chinese ports rose 4% to 6.9 million mt last 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 2.77 million mt, down 408,600 mt and accounting for 40% of the total shipments. The combined shipments across three major ports in east China (Shanghai Port, Zhangjiagang Port and Lanbei Port) were 477,700 mt, down 41,500 mt and accounting for 7% of the total shipments. The combined shipments across two major ports in south China (Zhanjianggang Port and Fangchenggang Port) were 592,200 mt, accounting for 9% of the total shipments.

SMM statistics showed that steel arrivals at Chinese ports were 6.12 million mt last week, up 5% WoW. Among them, arrivals across the 13 major ports in east China were 3.57 million mt, up 177,000 mt and accounting for 58% of the total arrivals. Arrivals at Guangzhou Port in south China were 247,000 mt, accounting for 4% of the total arrivals.