Chinese crude steel production dropped 4% from 45.1 million metric tonnes in March to 43.4 million tonnes in April.
Finished steel exports continued their decline from 1.67 million tonnes in March to 1.41 million tonnes in April, a 16% drop. Finished steel imports rose to 1.62 million tonnes, resulting in net finished imports of 210,000 tonnes.
Finished steel production was 3% lower in April at 41.66 million tonnes.
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Based on reported import licenses, flat products imports into the US declined 18% from 488,000 short tons in March to 402,000 tons in April. Cut plate imports dropped 19% to 30,000 tons, hot rolled imports declined 30% to 160,000 tons, and hot dip galvanized imports fell 16% to 102,000 tons. Only cold rolled imports increased, rising 9% to 109,000 tons, with Russia a major contributor to the rise.
Cut plate licenses declined significantly from Canada and Japan, while they climbed from Sweden and Germany. Hot roll import licenses dropped significantly from Canada, but also from Mexico and Finland. And finally, Australia, Canada and China were important contributors to the decline in hot dip galvanized imports.
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