[SMM Steel Shipping] China's total exports rose by 15% last week

Published: Apr 23, 2024 10:11
Source: SMM
Port shipments outside China were 2.2036 million mt last week, up 26% from a week ago.

1. Steel Foreign Trade Shipping

1. Shipment data

Last week (Apr 13-19)

Port shipments outside China were 2.2036 million mt last week, up 26% from a week ago. Shipments by Chinese ports for exports were 2.3271 million mt, an increase of 15% on a weekly basis.

Figure 1-Steel port shipments outside China (10,000 mt)

Figure 2-Shipments by Chinese ports (10,000 mt)

In terms of varieties,

Global port shipments of steel plate were 261,700 mt last week, up 28% week-on-week. Global port shipments of steel coil were 445,000 mt last week, up 54% week-on-week. Global port shipments of pig iron were 588,800 mt last week, down 22% week-on-week. Global port shipments of steel billets were 466,500 mt last week, up 68% week-on-week.

2. Arrival data

Last week (Apr 13-19)

Arrivals at China's 119 ports under foreign trade were 621,900 mt, up 171,200 mt or 38% from a week earlier.

Figure 3 - Steel port arrivals in China under foreign trade (10,000 mt)

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

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