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China’s ferrous scrap imports up, other products fall

Keywords: Tags  China imports, steelmaking raw materials, ferrous scrap, iron ore, coking coal, Chinese customs, Daisy Tseng

SINGAPORE — China’s imports of steelmaking raw materials were mixed in October, with ferrous scrap rising month on month while iron ore and coking coal both logged declines, according to customs data released Nov. 21.

The country’s intake of ferrous scrap jumped 12.3 percent month on month to 322,840 tonnes as a nearly 18-percent decline in shipments from largest-supplier Japan was offset by higher volumes received from the United States and Hong Kong, the customs data show.

Meanwhile, China’s iron ore imports fell 9 percent month on month in October to more than 67.8 million tonnes.

This put the total for the first 10 months of the year at 668.35 million tonnes, up 10.1 percent from the same year-ago period. Imports from Indonesia from January to October rose 52.6 percent to 13.73 million tonnes in the same comparison.

Coking coal imports of 6.05 million tonnes fell 16.6 percent month on month.

For the first 10 months of the year, the country’s imports of the product increased 51.4 percent to 60.8 million tonnes, according to the customs figures.

Staff in Shanghai contributed to this story.

A version of this article was first published in AMM sister publication Steel First.

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