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Data

Nucor and SDI kick off Q3 2012 earnings

October 22, 2012

Nucor and Steel Dynamics announced Q3 2012 earnings last week.  Links to the companies’ press releases can be found below. Nucor Q3 earnings release Steel Dynamics Q3 earnings release Both companies posted results that were similar to the first two quarters of this year.  As you can see on the Nerds of Steel earnings spreadsheet, […]

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US long products imports increase 13% in September

October 19, 2012

US long products imports increased 13% from 197,000 short tons in August to 222,000 tons in September. In comparison, September long products imports in 2011 were 146,000 tons, in 2010 195,000 tons, in 2009 136,000 tons, in 2008 233,000 tons and in 2007 312,000 tons. Wire rod, merchant bar, and parallel flange sections imports drove […]

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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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US flat products imports rise 6% in September

October 14, 2012

Based on reported import licenses, US flat products imports rose 6% from 695,000 short tons in August to 739,000 tons in September. September flat products imports in 2011 were 576,000 tons, in 2010 563,000 tons, in 2009 434,000 tons, and in 2008 816,000 tons. A rise in hot rolled imports drove the overall climb, with […]

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China crude steel production 58.7 million tonnes in August

September 27, 2012

China crude steel production was 58.7 million tonnes in August, 0.08% lower than in the same month last year and the lowest production level since February 2012. Year-to-date Chinese crude production was 476.6 million tonnes, 1.2% higher than year-to-August 2011 output. Comparing consecutive months, August’s production was 3.0 million tonnes lower than July’s. In addition, […]

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World crude steel production 123.7 million tonnes in August

September 25, 2012

Worldsteel published August’s global crude steel production on September 20th. World crude steel production was 123.7 million tonnes, -0.3% lower than in August 2011 for the 62 countries reporting. Average daily production declined by 3.9% from July. China’s production remained basically flat at 58.70 million tonnes this year compared to 58.75 million tonnes in August […]

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