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US flat products imports drop 25% on October, 2021 to 712kt

November 9, 2022

Based on reported import licenses, US flat products imports fell 25% from 948,000 short tons in October, 2021 to 712,000 tons in October, 2022. The decline was mainly due to lower hot rolled imports from Turkey, South Korea, Mexico and Canada. Hot dip galvanized imports also fell significantly from Vietnam, South Africa, Canada and Mexico. […]

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China crude steel production up 18% on September, 2021, net exports rise 12%

October 26, 2022

Worldsteel reported crude steel production in China at 87.0 million metric tonnes in September, 17.6% higher than in September, 2021. Chinese production in the first nine months of 2022 was 3.5% lower than in the same period last year. Data from China’s General Administration of Customs show China’s net finished steel exports (exports minus imports) […]

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World crude steel production rises 3.7% on September, 2021 driven by a 17.6% increase in China

October 25, 2022

Worldsteel published September, 2022 world crude steel production today. World crude steel output was 151.7 million metric tonnes, 3.7% higher than in September, 2021. China produced 87.0 million tonnes this September, accounting for 57% of world output and rising 17.6% on September, 2021. In contrast, world crude steel production outside China was 64.6 million tonnes, […]

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Worldsteel steel demand growth forecast revised downward to -2.3% in 2022 and 1.0% in 2023

October 20, 2022

In its latest Short Range Outlook (SRO), published yesterday, Worldsteel expects world steel demand to be 1,797 million metric tonnes in 2022 and 1,815 million tonnes in 2023. The new forecast expects a 2.3% steel demand decline in 2022 and a 1.0% increase in 2023, lowering its expectations compared to their April, 2022 forecast by […]

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US long products imports fall 37% on September, 2021 to 240kt

October 18, 2022

Based on reported import licenses, US long products imports dropped 37% from 383,000 short tons in September, 2021 to 240,000 tons last month. The decline was mainly due to lower rebar imports from Algeria, Mexico, and Turkey, together with lower wire rod imports from a number of countries including Egypt, Canada, and Algeria. Long products […]

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US flat products imports fall 26% on September, 2021 to 643kt

October 11, 2022

Based on reported import licenses, US flat products imports fell 26% from 866,000 short tons in September, 2021 to 643,000 tons in September, 2022. The decline was mainly due to lower hot rolled imports from Canada, Turkey, Japan, and the Netherlands. Imports of cut plate, cold rolled and hot dip galvanized product categories also declined. […]

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