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Steel Export Increment


2021-09-09


 

1.General Administration of Customs Data

 

According to customs statistics, China’s steel export volume in August was 5.053 million tons, a year-on-year increase of 1.375 million tons, an increase of 37.4%; 616000 tons less than last month; The import volume was 1063000 tons, a year-on-year decrease of 1177000 tons, a decrease of 52.5%, an increase of 14000 tons over the previous month. From January to August, China exported 48.104 million tons of steel, a year-on-year increase of 11.551 million tons, an increase of 31.6%; The total imported steel was 9.46 million tons, a year-on-year decrease of 2.726 million tons, a decrease of 22.4%.

In August, China imported 97.492 million tons of iron ore, a year-on-year decrease of 2.868 million tons, a decrease of 2.9%, an increase of 8.986 million tons over the previous month, and the average price of import customs was 207.6 US dollars / ton, an increase of 5.1 US dollars / ton over the previous month; From January to August, 746.454 million tons of iron ore were imported, a year-on-year decrease of 12.759 million tons, a decrease of 1.7%; The average import customs price was 178.3 US dollars / ton, an increase of 82.3 US dollars / ton over the same period last year. In August, the import volume of iron ore decreased and the price rose.

2.Crude steel output

 

According to the statistics of China Iron and Steel Industry Association, in late August 2021, key iron and steel enterprises produced 22.5792 million tons of crude steel, 19.991 million tons of pig iron and 23.0229 million tons of steel. Among them, the daily output of crude steel was 2.0527 million tons, down 3.99% month on month; The daily output of pig iron was 1818100 tons, down 2.85% month on month; The daily output of steel was 2.093 million tons, an increase of 1.54% month on month. The daily output of crude steel decreased.

In 2021, the price of steel has been soaring, and even the price of rebar has broken a record high. After the beginning of the year, the procurement boom of major machining industries continued to rise, coupled with the frequent mobilization of steel export prices by many steel mills. It is estimated that the price in the second half of the year is mainly the middle and high price. Therefore, in the case of sufficient funds, prepare more goods to avoid passive price

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