Fantastic charts explain a lot, even using familiar data. This one shows US steel trade, imports & exports, by product using Worldsteel data. Find out more about the Steel Data Room, where charts are automatically updated as soon as new data is published.
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Based on reported import licenses, US flat steel products imports rose 16% from 972,000 short tons in March to 1,124,000 tons in April. Hot dip galvanized imports increased the most compared to other products, with significantly higher volumes from Russia, Turkey, Brazil and South Africa.
Flat products imports in the first four months of 2018 were 8% higher than in the same period last year, driven mainly by a 42% increase in hot rolled imports, which was offset by declines in cold roll and hot dip galvanized imports.
SIMA US flat products import licenses
January 2013 to April 2018
short tons
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When the world gets complicated, you need tools up to the task of helping you understand what’s going on. The First River Steel Data Room is where we keep ours.
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Worldsteel reported Chinese crude steel production at 74.0 million metric tonnes in March, 4.5% higher than in March 2017. Chinese output over the first three months of 2018 was 5.4% higher than in the same period last year.
Chinese net finished steel exports (exports minus imports) in March were 4.4 million tonnes, 29.4% lower than in March 2017. Net exports in the first quarter of 2018 were 32.1% lower than in the first quarter of 2017.
China monthly crude steel production
January 2006 to March 2018, thousand metric tonnes
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Worldsteel published March’s world crude steel production today. World crude steel output was 148.3 million metric tonnes, 4.0% higher than in March 2017. Crude production in the first three months of 2018 was 4.1% higher than in the same period last year.
China accounted for 50% of world output in March with production of 74.0 million tonnes, 4.5% higher than in March 2017. Other countries in Asia with increasing output compared to last March include India (+5.3%), South Korea (4.7%) and Japan (+2.2%). In the Americas, US production rose 5.3% March-on-March, and Brazilian output was up 7.6%. In Europe, EU production rose 0.5% and Russian output fell 10.0%. And finally, Turkish output increased by 7.6% and Iranian output by 43.7%.
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