China’s steel bar imports decline by 14 percent in H1

Thursday, 26 July 2018 12:04:51 (GMT+3)   |   Shanghai
       

In June this year, China’s import volume of angles/channels amounted to 30,000 mt, up 4.7 percent year on year, while its import volumes of steel bars, steel plate and steel pipes/hollow profiles respectively amounted to 90,000 mt, 860,000 mt and 30,000 mt, down 12.6 percent, 8.3 percent and 2.9 percent year on year, according to the monthly import and export data issued by the Chinese customs authorities.

In the January-June period of the current year, China’s import volumes of steel bars, angles/channels and steel plate respectively amounted to 550,000 mt, 190,000 mt and 5.62 million mt, down 14.0 percent, 7.9 percent and 0.6 percent year on year, while imports of steel pipes/hollow profiles totaled 200,000 mt, up 4.5 percent year on year.

As previously reported by SteelOrbis, in June this year China imported 1.04 million mt of finished steel, down 8.3 percent month on month and decreasing by 8.0 percent year on year. In the January-June period of this year, China imported 6.67 million mt of finished steel, declining by 1.9 percent year on year.


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