Posts tagged as:

forecast

Forecast steel use revised downward in April 2013 Short Range Outlook

April 19, 2013

After a downward revision in October 2012, worldsteel made a further revision downward for world apparent steel use in 2013. The revision this time was from 3.2% growth in October’s Short Range Outlook to 2.9% growth in the latest April 2013 version published last week. World apparent steel use is, however, expected to grow the [...]

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World apparent steel use revised downward again in October 2012 Short Range Outlook

October 16, 2012

After a downward revision in April this year, worldsteel made a further revision downward for world apparent steel use in 2012. The revision this time was from 3.6% in April 2012′s Short Range Outlook to 2.1% in the latest October 2012 version published last week. In addition, the forecast for growth in world apparent steel [...]

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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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World apparent steel use revised upward in wsa’s Short Range Outlook

October 26, 2011

worldsteel‘s forecast for growth in world apparent steel use in 2011 was revised upward from 5.9% in April’s Short Range Outlook to 6.5% in October’s Short Range Outlook published recently. worldsteel expects world apparent steel use to reach 1,398 million metric tonnes in 2011 (instead of April’s forecast of 1,359 m tonnes) and 1,473 m [...]

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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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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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US flat products imports climb 6% in February

March 10, 2010

Based on reported import licenses, US flat products imports increased 6% from 432,000 short tons in January to 456,000 tons in February. This can be compared to 548,000 tons of flat products imports in February 2009. Hot rolled imports showed the highest import volume gain by rising 20,000 tons in February while cut plate had [...]

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2010 GDP growth and steel demand forecast

February 12, 2010

The IMF recently released an updated forecast of global GDP growth for 2010.  As many of you know, I’m fond of using the historical relationship between GDP and steel demand to forecast steel demand growth.  In fact, last year about this time I provided a forecast of 2009 global steel demand using the latest available [...]

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