Economy
March 25, 2014
February Chinese Trade Data
Written by Brett Linton
Details on steel trade data out of China were released earlier this week on iron ore imports, steel scrap imports, and flat rolled steel imports and exports. Chinese imports of iron ore in February were 61,240,000 metric tons (MT), a decrease of 29.6 percent from the previous month but an increase of 8.5 percent from February 2013. Total iron ore imports for 2014 were adjusted to 148,070,000 MT.
February imports of steel scrap were 150,000 MT, down 5.1 percent from January and down 63.4 percent from the same month one year ago. 2014 total levels for steel scrap imports were adjusted to 310,000 MT.
