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China crude steel production 62 million tonnes in February

March 23, 2013

China crude steel production was 61.8 million metric tonnes in February, 11% higher than in February 2012. Comparing consecutive months, February production was 1.8 million tonnes lower than January production, most likely due to the Chinese New Year holidays. Chinese net finished steel exports in February were 3.3 million tonnes, 54% higher than in February […]

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World crude steel production 123.3 million tonnes in February

March 22, 2013

Worldsteel published February’s global crude steel production on March 20th. World crude steel production was 123.3 million metric tonnes in February, 1.8% higher than in February 2012. Compared to February 2012, Chinese production increased by 11% and Indian production by 3%. However, other Asian countries showed significantly lower production year-on-year with Japan down 3%, South […]

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US long products imports fall 9% in February

March 19, 2013

Based on reported import licenses, US long products imports fell 9% from 267,000 short tons in January to 241,000 tons in February. In comparison, February long products imports in 2012 were 313,000 tons, in 2011 196,000 tons, in 2010 206,000 tons, in 2009 115,000 tons, and in 2008 330,000 tons. Rebar imports showed the highest […]

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US flat products imports up 1% in February

March 11, 2013

Based on reported import licenses, US flat products imports increased 1% from 666,000 short tons in January to 673,000 tons in February. February flat products imports in 2012 were 720,000 tons, in 2011 440,000 tons, in 2010 444,000 tons, and in 2009 548,000 tons. Cut plate imports in February almost doubled due to higher imports […]

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CMC, Gerdau, & Ternium Q4 2012 financial results

March 1, 2013

More financial results have been added to the Nerds of Steel earnings spreadsheet.  Below are links to earning’s reports for three companies. Commercial Metal’s earnings release (for the period ending Nov 2012) Gerdau earnings release Ternium earnings release All three companies achieved similar EBITDA per ton in Q4: CMC $97, Gerdau $91, and Ternium $95.  Among […]

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China crude steel production 59 million tonnes in January

March 1, 2013

China crude steel production was 59.3 million metric tonnes in January, 5% higher than in the same month last year. Comparing consecutive months, January production was 1.7 million tonnes higher than December production, a 3% rise. Chinese net exports in January were 3.8 million tonnes, 36% higher than in January 2012 but 0.4% higher than […]

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