Chinas steelmaking raw material imports mostly fell in
June, although ferrous scrap bucked the trend with a
12.7-percent month-on-month gain to nearly 384,157 tonnes,
according to Chinese customs data released July 22.
returned to the market in late May after international scrap
prices had been falling for almost three months, market
participants told AMM sister publication Steel
Ferrous scrap arrivals
from Japan, the largest supplier, fell 19.2 percent compared
with May to almost 191,280 tonnes. However, those from the
United States, the second-largest supplier, rose 82.2 percent
to 134,709 tonnes.
Meanwhile, iron ore
and coking coal imports both fell in June vs. May.
Chinese iron ore
imports of 62.3 million tonnes fell 9.1 percent from a month
earlier, while those of coking coal dropped 27.6 percent.
Imports of the
products from North America were mixed. Canada, the
10th-largest iron ore supplier, provided 910,000 tonnes in
June, up 68 percent from May. However, it shipped 14.3 percent
less coking coal, at 840,000 tonnes. The United States, the
fourth-largest coking coal supplier, provided 750,000 tonnes,
down 7.5 percent in the same comparison.
Staff in Singapore contributed to this article.
A version of this
article was first published in AMM sister publication Steel