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China’s steel exports in June reached an eight-year low of 3.7 million tonnes while the country’s steel imports topped 1.9 million tonnes to hit a ten-year high, according to the latest statistics from China’s General Administration of Customs published on July 14. Industry sources cited low steel demand in the rest of world amid the COVID-19 outbreak for the fall in exports, and the early demand recovery in China after the virus eased for the surge in the latter.
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China's iron ore imports over January-June rose 9.6% on year to nearly 547 million tonnes, according to the latest statistics from China's General Administration of Customs. A detailed report will be posted soon.
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China’s steel exports declined 16.5% on year to 34.4 million
tonnes over January-June, according to the latest statistics from the country's
General Administration of Customs. A detailed report will be posted soon.
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China’s imports of coal and lignite grew by 12.7% on year to nearly 174 million tonnes over January-June, according to the latest statistics from China's General Administration of Customs. A detailed report will be posted soon.
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China’s Purchasing Managers’ Index (PMI) for its manufacturing industry reversed up 0.3 basis point on month to 50.9 in June with major elements such as new orders and production posting gains on month, according to the release from the country’s National Bureau of Statistics (NBS) on June 30.
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China's steel PMI for June eased to 49.3, or down 1.6 basis points from May, according to the release by CFLP Steel Logistics Professional Committee on June 30. A detailed report will be posted soon.
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Chinese industry continued to recover in May, recording year-on-year growth of 4.4%, according to the latest release of China’s National Bureau of Statistics published on June 15. The May result was faster than the 3.9% for April – the first month of positive growth after several negative months when the COVID-19 outbreak was raging, Mysteel Global notes.
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The declines in China’s total fixed asset investment (FAI) and the funding in the property market slowed further by May, with the former down 6.3% on year over January-May as against the 10.3% on-year fall in the first four months, and the latter dipping 0.3% as against the 3.3% fall by April, according to the latest data from China’s National Bureau of Statistics (NBS) on June 15.
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Over January-May,China’s fixed asset investment (FAI)dipped 6.3%on year, and that in the domestic property marketnudged down 0.3%on year, according to the latest statistics from the country's National Bureau of Statistics. A detailed report will be posted soon.
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In May, China produced about 319 million tonnes
of raw coal for all utilization purposes, dipping by 0.1% on year, and the country’s
coke output declined by 3.2% on year to about 39 million tonnes, according to the
latest release by the country’s National Bureau of Statistics. A detailed
report will be posted
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China's crude steel output grew 1.9% on year to about 411.8 million tonnes over January-May, according to the latest release from the country's National Bureau of Statistics.A detailed report will be posted soon.
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Chinese steel demand is expected to have support over the remainder of 2020, especially in the infrastructure construction and property sectors, according to presenters at the 14th Mysteel International Iron Ore Market Seminar in Qingdao, East China’s Shandong province, on June 11.
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Over January-May, China’s steel exports declined more steeply by 14% on year, while steel imports rose 12% on year, according to the latest statistics from China’s General Administration of Customs (GACC) on June 7, as lower-priced overseas supplies had been sold to China when steel demand in other countries had been seriously dampened by the pandemic.
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China's steel exports fell 14% on year to 25 million tonnes over January-May, according to the latest statistics from the country's General Administration of Customs. A detailed report will be posted soon.
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China’s pig iron production grew 1.3% on year to 278 million tonnes for January-April, matching the pace of growth in crude steel output but lower than the 2.4% on-year growth for the first quarter because of the on-year decline for April, according to the data from the country’s National Bureau of Statistics (NBS).
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China’s fixed asset investment (FAI) declines on year but at a slower rate of 10.3% to Yuan 13.7 trillion ($2 trillion) over January-April as against the 16.1% on-year drop for the first quarter, with all the major sectors posting continuing recoveries in April, according to the latest data from China’s National Bureau of Statistics (NBS) on May 15.
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In April, China’s total production of raw
coal for all application rose by 6% on year to 322.1 million tonnes, and the
country’s coke output dipped by 1.3% on year to 38.6 million tonnes, according to the latest release of the country's National Bureau of Statistics. A detailed
report will be posted
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Over January-April,China’s fixed asset investment (FAI) dived 10.3% on year, and that in the domestic property market clipped 3.3% on year, according to the latest statistics from the country's National Bureau of Statistics. A detailed report will be posted soon.
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China's crude steel output grew 1.3% on year to about 319.5 million tonnes over January-April, according to the latest release from the country's National Bureau of Statistics.A detailed report will be posted soon.
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Shanghai Ganglian E-Commerce Holdings Co.,Ltd., a leading bulk commodities information provider, has successfully completed two independent external assurance reviews of its steel and iron ore pricing indices, being certified that all the indices under the review have been compliant with the related requirements of the International Organization of Securities Commission (IOSCO) on April 30. It is the first time for Mysteel‘s steel pricing indices to be included in the review.
