3月份钢铁产品进出口月报显示：出口“一增三降” 进口量减价升

Export Situation - In Q1 2024, China's steel product exports showed a trend of "one increase and three decreases," with export volume increasing while export prices, export value, and high-end product exports decreased [1] - Steel export volume reached 27.43 million tons, a year-on-year increase of 1.629 million tons, or 6.3%, with an average export price of $705.7 per ton, down 10.5% year-on-year [1] - The export volume of steel billets was 2.57 million tons, a significant year-on-year increase of 2 million tons, or 353.8% [1] - In March, steel export volume was 10.46 million tons, a year-on-year increase of 560,000 tons, or 5.7%, with an average export price of $693.5 per ton, down 11.5% year-on-year [1] Product-Specific Export Performance - In Q1, most steel products saw an increase in export volume, with rebar showing the most significant growth at 910,000 tons, a year-on-year increase of 94.3% [2] - The export volume of bar and wire rod reached 4.12 million tons, a year-on-year increase of 48.4% [2] - In March, all six categories of steel products experienced month-on-month growth, with the largest category being flat products at 6.53 million tons, up 23.1% month-on-month [2] Regional Export Trends - In Q1, seven countries received over one million tons of steel exports from China, with Vietnam, South Korea, and Thailand being the top three [3] - However, exports to Vietnam, South Korea, Indonesia, and Turkey saw year-on-year declines, with Pakistan showing the highest increase at 66.9% [3] - In March, exports to most countries increased, with significant growth to Pakistan and Thailand, while prices generally saw slight increases except for a few countries [3] Import Situation - In Q1, steel imports totaled 1.55 million tons, a year-on-year decrease of 200,000 tons, or 11.3%, with an average import price of $1,658.1 per ton, up 1% year-on-year [1] - The import volume of steel billets was 280,000 tons, a significant year-on-year decrease of 62,000 tons, or 69.1% [1] - In March, steel imports were 500,000 tons, a year-on-year decrease of 120,000 tons, or 18.8%, with an average import price of $1,698.0 per ton, up 4.4% year-on-year [1] Product-Specific Import Performance - In Q1, imports of railway materials, small and medium-sized steel, hot-rolled thin plates, and cold-rolled thin plates increased year-on-year, while other products saw declines, particularly heavy plates and rebar [5] - In March, imports of various steel products decreased month-on-month, with hot-rolled thin plates showing the most significant decline [6] Regional Import Trends - In Q1, the largest steel imports came from Japan, South Korea, and Indonesia, totaling 1.27 million tons, with imports from Japan and South Korea decreasing year-on-year [7] - In March, the import volume from these three countries remained the highest but saw a month-on-month decline [7] Outlook - The trend of increasing export volume but decreasing prices is expected to continue into Q2, with a slight decrease in export volume anticipated due to recent changes in U.S. tariff policies and anti-dumping investigations by neighboring countries [9] - The steel market remains influenced by various factors, including international political and economic conditions, raw material price fluctuations, and domestic policy adjustments, necessitating close monitoring of market dynamics [9]