Chinese CRC export volume up 46% in June

China recorded another yearly surge in its cold rolled coil exports in June as mills’ rising output forced them to tap overseas markets.

Paragraph entered by Atlantic migration, in order for SteelFirst articles to display correctly on Metal Bulletin.

It shipped 346,644 tonnes during the month, a 46.1% year-on-year increase, according to data released by the Chinese customs late on Monday July 21.

However, the volume is 20.4% lower compared with the 435,357 tonnes exported in May, given that June is typically a slow season for the steel market.

The USA overtook South Korea as the top importer of Chinese CRC in June. It imported 54,064 tonnes of the product, just over three times as much as the 17,323 tonnes it took in a year earlier.

China exported a total of 2.168 million tonnes of CRC in the first half of 2014, up 39.4% on the year.

The USA accounted for 329,791 tonnes, which forms the largest share of 15.2%. The figure is also about two-and-a-half times the Chinese CRC shipments that the USA took in over the first six months of last year.

The surge in Chinese CRC shipments into the USA has led to growing concerns about a potential anti-dumping investigation against the product.

Chinese exporters are also wary of any possible trade action, as the USA is a major export destination for CRC. Although business has not been affected so far, market participants told Steel First that they would monitor developments in the USA closely.

What to read next
Explore the base metals outlook 2026 and learn how market trends are impacting copper, tin, and other metals this year.
Understand the dynamics of Saudi Arabia steel scrap prices with insights on local market conditions and demand fluctuations.
Fastmarkets wishes to clarify details around the pricing calendar for its MB-FEU-0001 Ferro-tungsten basis 75% W, in-whs dup Rotterdam; MB-FEV-0001 Ferro-vanadium basis 78% V min, 1st grade, ddp Western Europe; and MB-FN-0001 Ferro-niobium 63-67% delivered consumer works, dp, Europe price assessments owing to the year-end festive period.
The publication of Fastmarkets’ black mass inferred prices for Monday December 8 were delayed due to a technical error. Fastmarkets pricing database has been updated.
This price is a part of the Fastmarkets scrap package. For more information on our North America Ferrous Scrap methodology and specifications please click here. To get in touch about access to this price assessment, please contact customer.success@fastmarkets.com.
The following prices were affected: MB-STE-0892 – Steel hot-rolled coil index domestic, exw Italy, €/tonne MB-STE-0028 – Steel hot-rolled coil index domestic, exw Northern Europe, €/tonne These prices are a part of the Fastmarkets steel package. For more information or to provide feedback on the delayed publication of this price or if you would like to provide […]