China remains net importer in June
Post Date: 14 Jul 2009 Viewed: 734
Customs data showed China exported 1.43 million tons of steel products in June, up 80,000 tons from May and down 72.6 percent year on year. From January to June, China exported 9.34 million tons of steel products, down 65.4 percent. In June, the country imported 1.63 million tons of steel products, down 20,000 tons from May and up 29.4 percent from the same period of last year. In the first six month, the country imported 8.13 million tons of steel, down 1.8 percent. China had a net steel import of 200,000 tons in June and a net export of 1.21 million tons in the January to June period. It exported 10,000 tons of billet in June as well as in the first half of this year, down 93.9 percent; and imported 380,000 tons in June, down 320,000 tons from the previous month and 2.65 million tons in the first half, up 25 times. Net imports of billet stood at 370,000 tons in June, bringing the net imports of both billet and steel products that month to 570,000 tons, down from one million tons in May. China exported 30,000 tons of coke in June, down 98 percent year on year and 230,000 tons in the first half, down 96.9 percent; and imported 55.29 million tons of iron ore in June, up 46.3 percent and 297.18 million tons in the first half, up 29.3 percent.