As per data maintained with SteelMint Czech Republic’s steel import log for Aug’19 is as follows:
1: The nation’ s iron ore import fell by 10% M-o-M in Aug’19 to 3,88,797 MT as against 4,32,139 MT in Jul’19. However, it plunged by 23% Y-o-Y in comparison with 5,04,811 MT in Aug’18.
2: On a monthly premise, Czech Republic’s finish-long imports tumbled by 12% to 84,596 MT in Aug’19 over 95,944 MT in the preceding month. Although the same declined by 15% Y-o-Y as compared to 99,568 MT in the corresponding month of CY’18.
3: The nation’s finish-flat imports inched down by 1% to 3,32,554 MT in Aug’19 over 3,36,118 MT in the previous month. However, on a yearly premise, it was reduced by 13% in Aug’19 over 3,81,834 MT in Aug’18.
The decline in the nation’s finish-flat imports came amid reduced demand in construction and automobile industries.
Meanwhile, prolonged US-China trade spat led to weaker market sentiments in Germany, Poland, and Italy. This reduced the nation’s import volumes from major exporting nations.
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Czech Republic import Aug’19 |
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| Commodity | Sub Commodity | Aug’19 | Jul’19 | M-o-M (Change in %) |
Aug’18 |
Y-o-Y |
| Iron Ore | Fines/Lumps | 366,466 | 367,104 | -0.2 | 425,527 | -13.9 |
| Pellet/Concentrate | 22,332 | 65,035 | -65.7 | 79,285 | -71.8 | |
| Total Iron Ore | 388,797 | 432,139 | -10.0 | 504,811 | -23.0 | |
| Finish Flat | Galvanised Steel | 102,550 | 95,036 | 7.9 | 107,545 | -4.6 |
| HRC/Plate | 72,062 | 76,095 | -5.3 | 92,425 | -22.0 | |
| Electrical Steel | 55,992 | 48,548 | 15.3 | 60,926 | -8.1 | |
| Pipes and Tubes | 38,012 | 47,291 | -19.6 | 43,196 | -12.0 | |
| CRC | 32,877 | 37,261 | -11.8 | 44,952 | -26.9 | |
| Others | 31,062 | 31,887 | -2.6 | 32,791 | -5.3 | |
| Total Finish Flat | 332,554 | 336,118 | -1.1 | 381,834 | -12.9 | |
| Finish Long | Rebar | 46,651 | 45,906 | 1.6 | 51,556 | -9.5 |
| Structure | 26,865 | 34,788 | -22.8 | 34,460 | -22.0 | |
| Wire Rod | 11,080 | 15,250 | -27.3 | 13,552 | -18.2 | |
| Total Finish Long | 84,596 | 95,944 | -11.8 | 99,568 | -15.0 | |
Quantity in MT
Source: SteelMint Research
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