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US flat products imports drop 6% in December

January 24, 2010

Based on reported import licenses, US flat products imports declined 6% from 423,000 short tons in November to 399,000 tons in December. This can be compared to 474,000 tons of flat products imports in December 2008.
The reduction in imports was driven by a 22% drop in hot roll imports, due basically to lower volumes [...]

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World crude steel output 2009 full year – down 8%

January 22, 2010

Worldsteel just published the data for crude steel production for December 2009 and in doing so the total for the year. You can see their press release here and the data for 2009 and back to 2006 by month and country in the Nerds spreadsheet below.
December crude steel production was just about flat with November [...]

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China results for December: crude production up 5% and exports up 17%

January 20, 2010

Chinese crude steel production rose 5% from 47.3 million metric tonnes in November to 49.4 million tonnes in December. This brings total 2009 crude steel production to 568 million tonnes compared to 498 million tonnes in 2008.
Finished steel exports continued to climb, rising 17% in December to 3.3 million tonnes. This can be [...]

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US long products imports rise 66% in December

January 19, 2010

Based on reported import licenses, US long products imports rose 66% from 99,000 short tons in November to 164,000 tons in December. This can be compared to long products imports of 178,000 tons in December 2008 and 207,000 tons in December 2007.
Imports grew in all product categories. The highest volume rise [...]

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US long products imports drop 47% in November

December 17, 2009

Based on reported import licenses and as predicted in my earlier post, US long products imports declined 47% from 210,000 short tons in October to 112,000 tons in November. November 2008 long products imports were 173,000 tons.
While imports of merchant bar were flat, imports of all other products decreased each by over 30%. [...]

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China results for November: crude production down 9% and exports up 5%

December 15, 2009

Chinese crude steel production dropped 9% from 51.8 million metric tonnes in October to 47.3 million tonnes in November. This is still 34% higher than November 2008 crude steel production.
Finished steel exports rose 5% to 2.85 million tonnes, continuing the climb started in June 2009 when exports were 1.43 million tonnes. November 2009 [...]

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US flat products imports fall 7% in November

December 9, 2009

Based on reported import licenses, US flat products imports dropped 7% from 429,000 short tons in October (according to preliminary census figures) to 398,000 short tons in November. This can be compared to 641,000 tons of imports in November 2008.
Hot rolled and cold rolled imports both grew at 1% between October and November. [...]

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China results for October: crude production up 2%, exports up 10%

December 2, 2009

Chinese crude steel production rose 2% from 50.71 million metric tonnes in September to 51.75 million tonnes in October. This is 44% higher than October 2008 crude steel production.
Finished steel exports continued to climb from the 1.35 million tonnes low reached in May 2009 to a level of 2.71 million tonnes in October. [...]

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