Steel and Iron Ore Trade Statistics for China

Steel and Iron Ore Trade Statistics for China – May 2024

Steel Exports

In May 2024, China exported 9.631 million tons of steel, a 4.4% increase from the previous month. The average price was $783.7 per ton, up 0.8% from April. From January to May, China exported a total of 44.655 million tons of steel, marking a 24.7% increase from the previous year.

Steel Imports

China imported 637,000 tons of steel in May 2024, a 3.2% decrease from April. The average price was $1,651.5 per ton, down 3.3%. Between January and May, total steel imports amounted to 3.043 million tons, a 2.7% decrease from the previous year.

Iron Ore Imports

In May 2024, China imported 102.033 million tons of iron ore, up 0.2% from the previous month. The average price was $105.8 per ton, a 6.5% decrease from April. From January to May, China imported a total of 513.746 million tons of iron ore, a 7.0% increase from the previous year.