From the category archives:

Data

October licenses signal 2% rise in US flat steel products imports

November 7, 2018

Based on reported import licenses, US flat steel products imports are expected to rise 2% from 837,000 short tons in September to 856,000 tons in October. This is due to higher expected hot dip galvanized imports from countries including the United Arab Emirates and Turkey, as well as higher cut plate imports from South Korea. […]

Read the full article →

Q3 2018 earnings

October 29, 2018

US mills have started reporting Q3 2018 earnings and in most cases EBITDA per ton shipped is higher than in Q2. One exception was CMC, whose EBITDA per ton dropped from $89 to $84. The other mills all reported higher EBITDA per ton: AK $119 to $131, Nucor $171 to $196, SSAB $144 to $158, […]

Read the full article →

China crude steel production 80.8M tonnes in September, rising 7.5% on September 2017

October 26, 2018

Worldsteel reported Chinese crude steel production at 80.8 million metric tonnes, 7.5% higher than in September 2017. Chinese output over the first nine months of 2018 was 6.1% higher than in the same period last year. Chinese net finished steel exports (exports minus imports) in September were approximately 4.9 million tonnes, 24% higher than in […]

Read the full article →

September world crude steel production 151.7M tonnes

October 25, 2018

Worldsteel published September’s world crude steel production on October 24th. World steel output was 151.7 million metric tonnes, 4.4% higher than in September 2017. Crude steel production in the first nine months of 2018 was 4.7% higher than in the same period last year. China accounted for 53% of world output in September with production […]

Read the full article →

Import licenses signal 35% drop in US long steel products imports in September

October 19, 2018

Based on reported import licenses, US long steel products imports are expected to fall 35% from 333,000 short tons in August to 216,000 tons in September. This is mainly the result of lower rebar and wire rod import licenses. Rebar license volumes dropped 60% compared to August actuals due to lower licenses for Turkey, Italy, […]

Read the full article →

Worldsteel raises 2018 and 2019 steel demand forecasts on improved China outlook

October 16, 2018

In its latest Short Range Outlook (SRO), published today, Worldsteel revised its world apparent steel use (ASU) growth forecast for 2018 upward. The revision increased forecast steel demand growth between 2017 and 2018 from 1.8% in its April 2018 Short Range Outlook to 3.9% in the figures published today. In addition, it revised the demand […]

Read the full article →

← Previous Entries

Next Entries →