China's steel export increases but import decreases year-on-year
2010-10-08 08:54:38 【Print】
BEIJING（Asian Metal）8 Oct 10 - According to the latest statistics from China Customs, from this January to August China’s export amount of steel products reached 30.93 million tons, witnessing a year-on-year increase of 133.7%. However, the import amount was 11.18 million tons, with a year-on-year markdown of 2.5% at the same time. China mainly exported to South Korea, ASEAN, the European Union and India, while imported from Japan, South Korea and Taiwan.
In first 8 moths this year, China exported 6.211 million tons of steel products to South Korea, with a growth of 111.9% year-on-year, and it shared 20.1% of the total export amount. Those to ASEAN, the European Union and India were 5.567 million tons, 2.77 million tons and 2.729 million tons, with year-on-year increases of 1.6 times, 250.3% and 5.8 times respectively, which took up 18.0%, 9.0% and 8.8% of the total export amount.
The accumulative export volume to above four markets amounted to 55.9% of the total amount. In addition, China exported 688,000t to the United States in first 8 months this year, with a year-on-year decrease of 12.5%.
The import amount from Japan was 5.229 million tons from January to August, increasing by 45.3% compared with that of the last year. By contrast, those to South Korea and Taiwan reduced to 2.777 million tons and 1.547 million tons respectively, with markdowns of 10.3% and 9.7%. Import amounts in above three markets shared 46.8%, 24.8% and 13.8% of the total import successively.
The accumulative import volume from above three markets amounted to 85.4% of the total amount. Furthermore, China imported 775,000t from the European Union in first 8 months this year, with a year-on-year increase of 37.3%. However, those from Kazakhstan and Russia markets reduced to 170,000t and 161,000t respectively, witnessing markdowns of 58.6% and 85.6% year-on-year.
In first 8 moths this year, China exported 6.211 million tons of steel products to South Korea, with a growth of 111.9% year-on-year, and it shared 20.1% of the total export amount. Those to ASEAN, the European Union and India were 5.567 million tons, 2.77 million tons and 2.729 million tons, with year-on-year increases of 1.6 times, 250.3% and 5.8 times respectively, which took up 18.0%, 9.0% and 8.8% of the total export amount.
The accumulative export volume to above four markets amounted to 55.9% of the total amount. In addition, China exported 688,000t to the United States in first 8 months this year, with a year-on-year decrease of 12.5%.
The import amount from Japan was 5.229 million tons from January to August, increasing by 45.3% compared with that of the last year. By contrast, those to South Korea and Taiwan reduced to 2.777 million tons and 1.547 million tons respectively, with markdowns of 10.3% and 9.7%. Import amounts in above three markets shared 46.8%, 24.8% and 13.8% of the total import successively.
The accumulative import volume from above three markets amounted to 85.4% of the total amount. Furthermore, China imported 775,000t from the European Union in first 8 months this year, with a year-on-year increase of 37.3%. However, those from Kazakhstan and Russia markets reduced to 170,000t and 161,000t respectively, witnessing markdowns of 58.6% and 85.6% year-on-year.
