SMM

SMM statistics showed that China’s steel port shipments totalled 5.43 million mt last week, up 12% from a week earlier. Among them, the combined shipments across six major ports in the north (Jingtang Port, Caofeidian Port, Bayuquan Port, Tianjin Xingang Port, Huanghua Port, Jinzhou Port) were 2.77 million mt, accounting for 51% of the total shipments.