SteelOrbis Shanghai
China's rebar exports in August 2008 stood at 112,000 mt, down 310,000 mt or 73.5 percent year on year, totaling $108 million in value, down $101 million or 48.3 percent compared with the same month last year. The average export price was $964.29/mt. Total exports in the January-August period reached 882,000 mt, down 4.151 million mt or 82.5 percent, amounting to a value of $677 million, down $1.542 billion or 69.5 percent year on year.
Rebar imports in August stood at 1,000 mt, down 2,000 mt or 66.7 percent year on year, totaling $1 million in value, down $1 million or 50 percent compared with the same period last year. The average import price was $1,000/mt. Total January-August imports reached 20,000 mt, down 17,000 mt or 45.9 percent, amounting to $11 million, down $9 million or 45 percent year on year.
China's wire rod exports in August totaled 859,000 mt, up 532,000 mt or 162.7 percent year on year, totaling $847 million in value, up $679 million or 404.2 percent compared with the same period last year. The average export price was $986.03/mt. Total exports in January-August reached 3.959 million mt, down 1.074 million mt or 21.3 percent, amounting to $3.333 billion in value, up $1.088 billion or 48.5 percent year on year.
Wire rod imports in August amounted to 45,000 mt, neutral year on year, totaling a value of $61 million, up $2 million or 48.8 percent compared with the same period last year. The average import price was $1,355.56/mt. Total imports in January-August reached 361,000 mt, down 80,000 mt or 18.1 percent, amounting to $440 million, up $55 million or 14.3 percent year on year.
China's medium plate exports in August reached 832,000 mt, up 44,000 mt or 5.6 percent year on year, totaling $985 million in value, up $425 million or 75.9 percent compared with the same period last year. The average export price was $1,183.89/mt. Total January-August exports reached 5.75 million mt, up 166,000 mt or 3 percent, amounting to a total value of $5.502 billion, up $1.926 billion or 53.9 percent year on year.
Medium plate imports in August climbed to 129,000 mt, up 15,000 mt or 13.2 percent year on year, totaling $207 million in value, up $64 million or 45 percent compared with the same period last year. The average import price was $1,604.65/mt. Total January-August medium plate imports came to 857,000 mt, up 68,000 mt or 8.5 percent, amounting to $1.35 billion, up $305 million or 29.2 percent year on year.
China's HR coil export volume in August stood at 1.62 million mt, up 703,000 mt or 76.7 percent year on year, totaling a value of $1.635 billion, up $1.06 billion or 184.3 percent compared with the same period last year. The average export price was $1,009.26/mt. Total January-August HR coil exports reached 7.845 million mt, up 937,000 mt or 13.6 percent, amounting to $6.759 billion, up $2.499 billion or 58.7 percent year on year.
HR coil imports in August came to 159,000 mt, down 32,000 mt or 16.6 percent year on year, totaling a value of $183 million, down $17 million or 8.5 percent compared with the same period last year. The average HR coil import price was $1,150.94/mt. Total HR coil imports in the January-August period reached 1.32 million mt, down 381,000 mt or 22.4 percent, amounting to $1.324 billion in value, down $656 million or 33.1 percent year on year.
China's CR coil export volume in August reached 499,000 mt, up 229,000 mt or 84.8 percent year on year, totaling $596 million, up $336 million or 129.2 percent compared with the same period last year. The average CR coil export price was $1,194.39/mt. Total January-August exports for this product reached 2.262 million mt, up 704,000 mt or 45.2 percent, amounting to $2.677 billion, up $533 million or 24.9 percent year on year.
CR coil imports in August stood at 327,000 mt, down 45,000 mt or 12.5 percent year on year, totaling $369 million in value, up $49 million or 15.3 percent compared with the same period last year. The average import price was $1,164.04/mt. Total January-August CR coil imports reached 2.848 million mt, down 49,000 mt or 1.7 percent, amounting to a value of $2.82 billion, up $312 million or 12.4 percent year on year.