Steel imports further rise in May
Post Date: 15 Jun 2009 Viewed: 872
Customs data showed China exported 1.35 million tons of steel products in May, down 60,000 tons from April and 75.7 percent year-on-year, bringing the total exports in the first five months to 7.9 million tons, down 63.6 percent. China imported 1.65 million tons of steel products, up 30,000 tons from April and 23.6 percent from the same period of last year, bringing the five-month imports to 6.5 million tons, down 7.1 percent. The country experienced a net steel import of 300,000 tons in May. China imported 700,000 tons of billet in May, up 30,000 from April. The country’s net billet imports were 700,000 tons in May. China exported 20,000 tons of coke in May, down 98.8 percent year-on-year, and exported 200,000 tons of coke in the first five months, down 96.6 percent. China imported 53.46 million tons of iron ore in May, up 37.4 percent and 241.92 million tons in the five-month period, up 25.7 percent.