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Data

China crude steel production -7.8% on March, 2023 and -4.0% on Q1 2023

April 23, 2024

Worldsteel reported crude steel production in China at 88.3 million metric tonnes in March, 7.8% lower than in March, 2023. Chinese production in the first three months of 2024 was 4.0% lower than in the same period last year. Data from China’s General Administration of Customs show net finished steel exports (exports minus imports) in […]

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World crude steel production falls 4.3% on March, 2023 but rises 1.3% in Q1

April 23, 2024

Worldsteel published March, 2024 world crude steel production today. World crude steel output in March was 161.2 million metric tonnes, 4.3% lower than in March, 2023. China produced 88.3 million tonnes in March, accounting for 55% of world output and declining 7.8% compared to March, 2023. Asian production outside China accounted for 19% of world […]

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US long products imports rise 49% on March, 2023 and 6% on Q1 2023

April 18, 2024

Based on reported import licenses, US long products imports increased 49% from 244,000 short tons in March, 2023 to 365,000 tons in March, 2024. Imports of every product category rose, but the largest volume increases came from parallel flange sections, wire rod, and rebar. US long products imports in the first three months of 2024 […]

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The Green Steel Challenge podcast presents Anne-Marie Grossmann of GMH Gruppe

April 16, 2024

Today The Green Steel Challenge podcast releases its 10th episode dedicated to steel industry decarbonisation with an outstanding interview with Anne-Marie Grossmann, Board Member at GMH Gruppe. The podcasts are produced by the Korf Foundation and Kallanish Commodities and the discussion is all about how exactly we can deliver Green Steel. This particular podcast explores […]

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US flat products imports rise 37% on March, 2023. Q1 2024 imports up 25% on Q1 2023

April 12, 2024

Based on reported import licenses, US flat products imports rose 37% from 668,000 short tons in March, 2023 to 917,000 tons in March, 2024. The increase was mainly due to higher hot dip galvanized imports, which rose by almost 75% from many countries including Vietnam, South Africa, the United Arab Emirates, South Korea and Austria. […]

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Worldsteel forecasts world steel demand to rise 1.7% in 2024, 0.2% lower than October, 2023 forecast

April 10, 2024

In its latest Short Range Outlook (SRO) published yesterday, Worldsteel expects world steel demand in 2024 to reach 1,793 million tonnes. The new forecast lowers estimated demand growth between 2023 and 2024 from 1.9% in its October, 2023 SRO to 1.7% in the newly released figures. World steel demand is expected to grow by another […]

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