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Customs Data: China's Stainless Steel and Main Raw Material Import and Export Data for May 2024 and January-May 2024

Jun 26, 2024

 

📊 Customs Data: China's Stainless Steel and Main Raw Material Import and Export Data for May 2024 and January-May 2024 📈

Summary of Stainless Steel Import and Export:

  • From January to May, China's stainless steel import volume accumulated to 97.66 million tons, and the export volume accumulated to 191.20 million tons.
  • In May 2024, China's stainless steel import volume was 17.44 million tons, a decrease of 1.97 million tons month-on-month, a drop of 10.14%; an increase of 3.27 million tons year-on-year, a growth of 23.05%.
  • From January to May, the total import volume of stainless steel was 97.66 million tons, an increase of 25.19 million tons year-on-year, a growth of 34.75%.
  • China's stainless steel export volume in May was 45.77 million tons, an increase of 6.50 million tons month-on-month, a growth of 16.56%; an increase of 10.60 million tons year-on-year, a growth of 29.99%.
  • The net export volume of stainless steel in May was 8.47 million tons, an increase of 7.29 million tons year-on-year, a growth of 34.65%.

Nickel Ore and Products Import Details:

  • In May 2024, the import volume of nickel ore sand and concentrate was 46.089 million tons, an increase of 8.726 million tons year-on-year, a growth of 23.35%.
  • The total import volume of nickel ore from January to May was 113.421 million tons, a decrease of 6.054 million tons year-on-year, a drop of 5.07%.
  • China's nickel iron import volume in May was 6.515 million tons, a decrease of 7.21 million tons month-on-month, a drop of 9.96%.
  • From January to May, the total import volume of nickel iron was 36.341 million tons, an increase of 7.122 million tons year-on-year, a growth of 24.38%.

Refined Nickel Import and Export Changes:

  • China's refined nickel import volume in May was 7,904.329 tons, an increase of 19.551 tons month-on-month, a growth of 0.25%.
  • The export volume of refined nickel in May was 11,499.269 tons, an increase of 4,631.786 tons month-on-month, a growth of 67.45%.
  • From January to May, the total import volume of refined nickel was 34,350.22 tons, an increase of 469.564 tons year-on-year, a growth of 1.39%.
  • The total export volume of refined nickel from January to May was 33,142.606 tons, an increase of 19,792.347 tons year-on-year, a growth of 148.25%.

Chromium Ore and High Carbon Ferrochrome Import Insights:

  • China's chromium ore import volume in May was 18.117 million tons, an increase of 1.786 million tons month-on-month, a growth of 11.02%.
  • The total import volume of chromium ore from January to May was 85.095 million tons, an increase of 17.608 million tons year-on-year, a growth of 26.09%.
  • China's high carbon ferrochrome import volume in May was 3.12 million tons, an increase of 9.18 million tons year-on-year, a growth of 41.7%.
  • From January to May, the total import volume of high carbon ferrochrome was 16.142 million tons, an increase of 1.62 million tons year-on-year, a growth of 11.16%.

Stainless Steel Scrap Import Decline:

  • In May 2024, the import volume of stainless steel scrap was 10.05 thousand tons, a decrease of 1.54 thousand tons year-on-year, a drop of 60.59%.
  • The cumulative import volume of stainless steel scrap from January to May was 4.82 thousand tons, a decrease of 11.8 thousand tons year-on-year, a drop of 71.02%.

Americ Energy (CHINA) Co., Ltd. Introduction:

Americ Energy (CHINA) Co., Ltd. stands as a prominent manufacturer and distributor of a comprehensive range of stainless steel products, designed to cater to the diverse needs of various industries. Their offerings encompass stainless steel tubes, plates, strips, and square tubes, all manufactured to uphold the highest quality benchmarks.

Contact Information:

  • Website: www.metal-ae.com
  • Email: ae@americenergy.com
  • Phone: 13521210668
  • whatsapp: 13521210668
  • Address: No.298 Fengwei Road, Xishan Development Zone, Wuxi City, Jiangsu Province, China

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