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US long products import licenses in April decline 37% on last year

May 21, 2019

Based on reported import licenses, US long steel products imports fell 37% from 427,000 short tons in April 2018 to 270,000 in April 2019. The drop was mainly due to lower rebar and parallel flange sections imports. However, wire rod import licenses in April 2019 were 38% higher than April 2018 imports, offsetting declines in […]

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US flat steel products imports rise 8% in March and 4% in April

May 8, 2019

Based on reported import licenses, US flat steel products imports rose 8% from 622,000 short tons in February to 671,000 tons in March. Compared to March import licenses, April licenses rose 4% to 696,000 tons, mainly due to higher hot roll licenses from Japan and higher cut plate licenses from South Korea. Based on January/February […]

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China crude steel production rises 10% in March to 80.3M tonnes

May 2, 2019

Worldsteel reported crude steel production in China at 80.3 million metric tonnes in March, 10.0% higher than in March 2018. Chinese output over the first three months of 2019 was 9.5% higher than in the same period last year. China’s General Administration of Customs reported Chinese net finished steel exports (exports minus imports) in March […]

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March World Crude Steel Production 155.0M tonnes, 4.9% higher than in March 2018

April 29, 2019

Worldsteel published March world crude steel production today. World steel output was 155.0 million metric tonnes, 4.9% higher than in March 2018. China accounted for 52% of world output in March with production of 80.3 million tonnes, 10.0% higher than in March 2018. Asian output outside of China remained steady, rising 0.8% March-on-March, though a […]

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US long steel products imports down 52% in February, back up 73% in March

April 18, 2019

Based on reported import licenses, US long steel products imports fell 52% from 367,000 short tons in January to 175,000 tons in February. Compared to February import licenses, March licenses rose 73% to 302,000 tons. The 73% rise was mainly due to higher rebar import licenses for countries including Portugal and Spain, as well higher […]

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Worldsteel lowers world steel demand growth forecast to 1.3% in 2019. 2020 growth 1.0%

April 17, 2019

In its latest Short Range Outlook (SRO), published yesterday, Worldsteel revised its world apparent steel use (ASU) growth forecast for 2019 downward. The revision lowered estimated demand growth between 2018 and 2019 from 1.4% in its October 2018 SRO to 1.3% in yesterday’s figures. China accounted for 49% of world steel demand in 2018 and […]

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