Posts tagged as:

demand

China results for September: crude production down 3% and exports up 19%

October 25, 2009

Chinese crude steel production fell 3% from 52.3 million metric tonnes in August to 50.7 million tonnes in September. This is 28% higher than September 2008 crude production.
Finished steel exports continued to climb, rising by 19% to 2.47 million tonnes. In comparison, September 2008 finished steel exports were 6.7 million tonnes. Net [...]

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China results for August: crude production up 3% and exports up 15%

October 1, 2009

Chinese crude steel production rose 3% from 50.7 million metric tonnes in July to 52.3 million tonnes in August. This is 23% higher than August 2008 production.
Finished steel exports continued the climb started in June by increasing 15% in August to 2.08 million tonnes. In comparison, last year’s August exports were [...]

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Could the steel industry recession be over?

July 1, 2009

Well it might be – technically. Plenty of people seem to want to say it is in the broader economy. On June 10th the UK’s Guardian newspaper reported the UK recession as being over. Then a week later Liz Sonders, Chief Investment Strategist at Charles Schwab said the US recession is over.
There have been enough [...]

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China results for Feb: crude production down 2%, finished steel exports down 16%

April 6, 2009

After a 10% climb between December and January, crude steel production in China declined 2% to 40.42 million metric tonnes in February.  As a result of a 27% growth in finished steel imports to 1.09 million tonnes and a 16% drop in finished steel exports to 1.56 million tonnes, net finished steel exports reached a low [...]

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China results for Jan: crude production up 10%, exports down 40%

March 13, 2009

Chinese crude steel production grew 10% between December and January to reach 41.5 million metric tonnes. Exports declined to 1.91 million tonnes in January, a full 40% decrease on December, and apparent domestic consumption was 37.8 million tonnes compared to 33.1 million tonnes in December.
 

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China results for Dec: crude production and exports up 7%

February 17, 2009

Crude steel production in China reversed its decline and climbed 7% to reach 37.8 million metric tonnes in December.  December finished steel exports also grew by the same percentage to 3.2 million tonnes. 
Crude steel production was 9% below its level in December 2007 and exports were 34% lower.
Full-year 2008 crude production rose by 2% [...]

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China, Steel & the Growth of Both

December 17, 2008

The difficulties of interpreting and forecasting the current dynamic economic environment are revealed in the latest World Bank report on commodities. You can download the report at the World Bank site or directly from us here Commodities at the Crossroads, 2009. It’s long-winded holiday reading, but if you follow steel (or commodities generally) it’s worth [...]

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GDP and steel demand in Europe

November 23, 2008

In response to a presentation I posted recently on this blog, I received the following questions from an investment firm based in Switzerland.

1) Is your indicated correlation also applicable to Europe only, i.e. could it be used to forecast steel demand in Europe?
2) Europe is expected to grow below 2,5% real GDP for the next [...]

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