From the category archives:

Data

Could the steel industry recession be over?

July 1, 2009

Well it might be – technically. Plenty of people seem to want to say it is in the broader economy. On June 10th the UK’s Guardian newspaper reported the UK recession as being over. Then a week later Liz Sonders, Chief Investment Strategist at Charles Schwab said the US recession is over. There have been […]

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US flat products imports drop another 19% in May

June 19, 2009

Based on reported import licenses, flat products imports into the US declined 19% from 433,000 short tons in April to 351,000 tons in May. This compares to 816,000 tons of flat products imports in September 2008 when we started collecting the license data. Cut plate, hot roll, cold roll, and hot dip galvanized imports all […]

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World crude steel production rises 7.4% in May

June 19, 2009

Worldsteel published its world crude steel production report today showing a 21% year on year decline in production through May, but a 7.4% bounce sequentially from April. Of particular note is the vigor of Chinese production which at 46.4MT is just a shade lower than the record production of 46.9MT in June last year. Follow […]

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US long products imports rise 3% in May

June 18, 2009

Based on reported import licenses, US long products imports rose 3% from 97,000 short tons in April to 100,000 tons in May. This can be compared to 242,000 tons of long products imports in May 2008. The most significant changes by product category were a rise in rebar imports from 31,000 tons in April to […]

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China results for May: crude production up 7% and apparent consumption highest ever

June 16, 2009

Chinese crude steel production climbed 7% from 43.4 million metric tonnes in April to 46.5 million tonnes in May. Net finished steel exports remained negative as finished exports declined from 1.41 million tonnes to 1.35 million tonnes and finished imports grew from 1.62 million tonnes to 1.65 million tonnes. As a result, apparent finished steel […]

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World crude steel production slips 3% in April

May 21, 2009

The World Steel Association published the latest global crude steel production data yesterday. It’s now in the Nerds crude steel production spreadsheet below. The data (which as mentioned previously) are often significantly revised in later bulletins show a 3% decline month to month from March to April and 24% decline year on year 2008 to […]

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