Links to previous press releases are below.
Japan’s clean oil product exports fall to eleven-month low in April
Japan’s clean oil product exports declined by 140K b/d m-o-m to 200K b/d in April, falling for the third consecutive month to the lowest level since May 2021, according to data from the Ministry of...Read More
Turkish Steel Scrap Imports
Turkey imported 2.2 Mt of steel scrap in April, a 0.3 Mt decline year-on-year, according to customs data. Shipments from Europe fell 0.1 Mt to 1.7 Mt with lower imports from Russia and none from Ukraine, while imports from the US more than halved to 0.3 Mt.
South African Seaborne Iron Ore and Coal Exports
In April, South African seaborne coal exports fell 1.1 Mt year-on-year to 4.4 Mt, according to customs data. Shipments to Asia fell 2.8 Mt to 2.4 Mt, whereas exports to Europe reached 1.5 Mt from nearly...Read More
EU to ban seaborne imports of Russian oil
On 30 May the European Union agreed to ban seaborne imports of Russian oil after reaching a compromise to allow some shipments via pipeline to continue temporarily, according to Reuters. This embargo...Read More
CISA Daily Steel Production (1)
Daily crude steel production at China Iron and Steel Association (CISA) member mills during 11-20 May fell 0.3% from the preceding 10 days to 2.23 Mt, according to the industry association, with output still 3.4% below the same period last year.
Indian Coal Imports Increased in March
Indian coal imports reached their highest level for over a year at 22.4 Mt in March, up 3.7 Mt from the same month last year, McCloskey data show.
Inbound shipments of steam coal (including...Read More
China’s Manufacturing PMI
China’s manufacturing Purchasing Managers Index (PMI) reached 49.6 in May, remaining below 50 which indicates contraction, according to China’s National Bureau of Statistics (NBS). However, a 2.2 point...Read More
Shanghai to Lift Lockdown Restrictions
Shanghai’s two-month lockdown will be lifted on 1 June, easing restrictions and controls on returning to work, Reuters reports. Additionally, city officials also announced 50 policy measures to boost...Read More