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US flat products imports drop 11% on October, 2022 to 631kt

November 8, 2023

Based on reported import licenses, US flat products imports fell 11% from 706,000 short tons in October, 2022 to 631,000 tons in October, 2023. Cold rolled imports fell by the highest volume following lower volumes from Mexico, South Korea, Thailand, and Canada. In contrast, cut plate imports rose from countries including Romania, Germany, Canada, and […]

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China crude steel production falls 5.6% on September, 2022, accounting for 55% of world output

October 25, 2023

Worldsteel reported September crude steel production in China at 82.1 million metric tonnes, 5.6% lower than in September, 2022. Chinese production in the first nine months of 2023 was 1.4% higher than in the first nine months of 2022. Data from China’s General Administrion of Customs show China’s net finished steel exports (exports minus imports) […]

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World crude steel production falls 1.5% on September, 2022, China -5.6%, ROW +4.0%

October 24, 2023

Worldsteel published September, 2023 world crude steel production today. World crude steel output was 149.3 million metric tonnes, 1.5% lower than in September, 2022. China produced 82.1 million tonnes in September, accounting for 55% of world output and falling 5.6% compared to September, 2022. World crude steel production outside China rose 4.0% on last September […]

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Worldsteel steel demand growth forecast revised downward to 1.8% in 2023, upward to 1.9% in 2024

October 23, 2023

In its latest Short Range Outlook (SRO), published last week, Worldsteel expects world steel demand to be 1,815 million metric tonnes in 2023 and 1,849 million tonnes in 2024. The new forecast expects a 1.8% steel demand growth in 2023 and a 1.9% increase in 2024, lowering their expectations compared to their April, 2023 forecast […]

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US long products imports down 14% on September 2022, dropping 18% year-to-date

October 23, 2023

Based on reported import licenses, US long products imports fell 14% from 274,000 short tons in September, 2022 to 235,000 tons last month. According to import licenses, rebar imports showed the highest decline, with volumes falling mainly from Turkey, but also from Algeria and Mexico. Rebar imports from Egypt rose significantly, however. Long products imports […]

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US flat products imports rise 15% on September, 2022 to 737kt

October 9, 2023

Based on reported import licenses, US flat products imports rose 15% from 641,000 short tons in September, 2022 to 737,000 tons in September, 2023. Hot roll imports increased by the highest volume with imports up from significantly from South Korea, but also from Japan and Brazil. In contrast, cold roll imports fell from Taiwan, Mexico, […]

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