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China's steel imports decreased by 19000 tons in June compared to the previous month

According to the China Iron and Steel Association on July 27, China imported 612000 tons of steel in June, down 19000 tons month on month and 179000 tons year on year; The average import unit price was 1661.4 US dollars per ton, a decrease of 4.4% month on month and 4.1% year-on-year. In the first half of the year, 3.741 million tons of imported steel were imported, a year-on-year decrease of 35.2%; The average import unit price is 1717.6 US dollars per ton, a year-on-year increase of 10.2%; 1.18 million tons of imported steel billets, a year-on-year decrease of 68.4%.

In June, China exported 7.508 million tons of steel, a decrease of 848000 tons compared to the previous month, ending five consecutive months of growth with a year-on-year decrease of 49000 tons; The average export unit price is 892.4 US dollars per ton, a decrease of 3.2% month on month and 42.4% year-on-year. In the first half of the year, 43.583 million tons of steel were exported, a year-on-year increase of 31.3%; The average export unit price is 1075.2 US dollars per ton, a year-on-year decrease of 24.7%; Export of 1.674 million tons of steel billets, an increase of 887000 tons year-on-year; Balance of trade of crude steel was 42.113 million tons, an increase of 16.476 million tons or 64.3% year on year.

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