Posts tagged as:

demand

World apparent steel use revised downward in April 2012 Short Range Outlook

May 8, 2012

worldsteel‘s forecast for growth in world apparent steel use in 2012 was revised downward from 5.4% in October 2011’s Short Range Outlook to 3.6% in April 2012’s Short Range Outlook published recently. Driving the change in the forecast is worldsteel’s estimate that China’s steel use will grow by 4.0% in 2012 instead of by 6%. […]

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New world steel demand forecast for 2011

October 6, 2010

We haven’t had time to study the data yet, but worldsteel published an updated Short Term Apparent Steel Use forecast a couple of days ago. At first glance it looks like demand this year is going to be higher than initially forecast in April 2010, while 2011 is set to grow at the same rate […]

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Repairing steel demand

August 16, 2010

The four worst post-war (WWII) declines in US steel demand occurred in 1958, 1975, 1982 and last year, 2009. In the recent US Steel Q2 conference call, US Steel CEO John Surma wisely reflected, in the context of how much capacity to keep running, that some of the recent steel demand destruction could be permanent. […]

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Forecast 2010 record steel consumption leaves developed world behind

April 21, 2010

Along with its global monthly steel production figures, worldsteel also published yesterday its collective wisdom about forecast Apparent Steel Use (ASU) by country through 2011. This is the ‘Short Range Outlook.’ The current forecast (data in the Nerds spreadsheet below) shows about an 11% rise in demand in 2010 to 1.24Bn metric tonnes with a […]

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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 finished steel […]

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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 7.68 million tonnes. […]

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