Iron ore imports rose 20% year-on-year in April

In the first four months of this year, China imported 360 million tons of iron ore, an increase of 5.4 percent over the same period last year, with an average import price of 631.1 yuan per ton, an increase of 10 percent In March, China imported 85.91 million tons of iron ore ,’s iron ore imports in March were 85.91 million tons, compared with 262.73 million tons in the first three months, an increase of 1 percent over the same period last year; steel exports were 6.48 million tons, compared with 14.29 million tons in the first three months, an increase of 2.5 percent over the same period last year; steel imports were 1.14 million tons and 3.18 million tons in the first three months, an increase of 26.7 percent over the same period last year

 

On this basis, in April, China imported 97.27 million tons of iron ore, an increase of 13 percent over March, an increase of 20 percent over the same period last year of 80.77 million tons, an increase of 16.5 million tons; imported steel 1.004 million tons, a decrease of 12 percent over the same period last year (1 million tons), basically the same as the same period last year (1 million tons); and exported steel 6.311 million tons, a decrease of 2.6 percent over March, a slight decrease of 0.3 percent over the same period last year of 6.33 million tons

 

In the first four months, the increase in iron ore imports was significantly larger than in the previous three months, from 1% to 5.4%; the increase in steel imports fell sharply from 26.7% to 7.4%; and the increase in steel exports decreased significantly, from 2.5% positive to 11.7% negative. In steel production, the overall change is small. According to the data released by the China Iron and Steel Industry Association, in mid-April 2020, the key statistics iron and steel enterprises produced a total of 19.5151 million tons of crude steel ,17.8163 million tons of pig iron and 18.7734 million tons of steel. The average daily output in this ten-day period was 1.9515 million tons of crude steel, an increase of 0.29 percent over the previous month and a decrease of 2.70 percent over the same period last year. This month, the key statistics of iron and steel enterprises cumulative average daily production of crude steel 1.9487 million tons, an increase of 6.92%, down 1.60%; pig iron 1.7827 million tons, an increase of 4.78%, an increase of 0.88%; steel 1.8503 million tons, a decrease of 7.73%, an increase of 0.72%.

 

In addition, in mid-April, the key statistics of steel stocks in iron and steel enterprises 17.4203 million tons ,530900 tons less than the previous ten days, a decrease of 2.96 percent ;7.8878 million tons more than the beginning of the year, an increase of 82.75 percent


Post time: May-09-2020