From the category archives:

Data

China results for Nov: crude production down 2%, exports down 36%

January 6, 2009

November crude steel production in China declined 2% to reach 35.19 million metric tonnes while finished steel production remained flat at 42.30 million tonnes.  Finished steel exports dropped 36% from October to 2.95 million tonnes and apparent domestic consumption reached a high of 40.37 million tonnes.  

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World monthly steel production declines 10% in November

December 18, 2008

New figures from the World Steel Association show a further 10% drop in global crude steel output in November compared to October. Overall the first 11 months of 2008 are slightly above output in 2007, but if output is flat in December (which seems likely at best) then we 2008 is heading towards being about […]

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US Long Products Imports Decline in November

December 17, 2008

US long products import licenses declined 19% to 172,000 short tons in November compared to October actuals of 211,000 tons.  License volumes declined for all products except Parallel Flange Shapes and All Other Structural Sections.  High December licenses recorded up to the 16th of the month for Parallel Flange Shapes (21,000 tons) due to applications […]

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China results for Oct: crude production down 9%, finished up 19%

December 8, 2008

Crude steel production in China dropped 9% between September and October, falling to 35.9 million metric tonnes. However, finished steel production increased 19% in October to 42.9 million tonnes from 36.0 million tonnes in September. This is the highest Chinese monthly finished production level ever recorded, bringing it above the peak June 2008 level of […]

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GDP and steel demand in Europe

November 23, 2008

In response to a presentation I posted recently on this blog, I received the following questions from an investment firm based in Switzerland. 1) Is your indicated correlation also applicable to Europe only, i.e. could it be used to forecast steel demand in Europe? 2) Europe is expected to grow below 2,5% real GDP for […]

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Latest world monthly steel production by country, October 2008

November 21, 2008

According to newly released data by the World Steel Association, global crude steel production slowed by about 7% from September to October. Steel output is higher in 2008 than in 2007 by about 2.9%. But the more interesting analysis is to explore how the data reflects the global industrial slowdown in different parts of the […]

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