From the category archives:

Data

US long products imports rose over 50% in January

February 19, 2009

Based on reported US import licenses, long products imports in January rose 57% to 280,000 short tons compared to actual December imports of 178,000 tons. The January increase was mainly due to growth in rebar and sections licenses. Rebar imports grew from December actual levels of 14,000 tons to January licenses of 65,000 tons. Sections […]

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China results for Dec: crude production and exports up 7%

February 17, 2009

Crude steel production in China reversed its decline and climbed 7% to reach 37.8 million metric tonnes in December.  December finished steel exports also grew by the same percentage to 3.2 million tonnes.  Crude steel production was 9% below its level in December 2007 and exports were 34% lower. Full-year 2008 crude production rose by […]

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ArcelorMittal 2008 financial results

February 11, 2009

ArcelorMittal announced 2008 financial results today.  Shipments in Q4 were 18.7 million net tons, down 33% from Q3.  EBITDA per net ton also fell dramatically, from $304 in Q3 to $149 in Q4. The company expects Q1 2009 shipments of 17.6 to 18.7 million net tons, off only modestly from Q4 2008’s depressed level.   But […]

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European steel production and demand forecast 2009

February 6, 2009

We’re not a forecasting firm, we’re strategy consultants. But lately macroeconomic developments are at the forefront of everyone’s mind, for obvious reasons. So we’ve endeavored to keep you abreast of the latest forecasts and what they might mean for steel production and demand.  In this vein, I received the following question yesterday from one of […]

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2009 GDP forecasts and steel demand growth

February 2, 2009

The International Monetary Fund recently updated its global GDP growth forecast for 2009 and 2010.  Not surprisingly, the growth projections were revised downward.   So I thought I’d take the opportunity to update the graph showing the relationship between global GDP and steel demand and to refine the comments I made in a recent post using […]

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7 Puzzling Questions About Steel Industry Publishing

January 30, 2009

Don’t get me wrong. I love my steel news sources. I’m a steel nerd and, if it existed, I’d want my FeTV too. But here’s a rant that I indulge in once a year because I think the industry’s subscription news sources are lacking and have not yet fully engaged in the search for a […]

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