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Data

Q1 2018 financial results for Nucor and Steel Dynamics

April 20, 2018

Nucor and Steel Dynamics announced Q1 2018 earnings this week and both companies posted strong EBITDA per ton. Nucor’s EBITDA per ton rose to $116 from $94 in Q4 last year, while Steel Dynamics rsoe to $158 from $115.

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Worldsteel raises 2018 world steel demand forecast

April 18, 2018

In its latest Short Range Outlook (SRO), published yesterday, Worldsteel revised its world apparent steel use (ASU) growth forecast for 2018 upward. The revision increased estimated world steel demand growth between 2017 and 2018 from 1.6% in its October 2017 Short Range Outlook to 1.8% in the recent published figures. China accounted for 46.4% of […]

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US long steel products imports rise 45% following rebar hike

April 17, 2018

Based on reported import licenses, US long products imports rose 45% from 266,000 short tons in February to 387,000 tons in March. The steep climb between February and March 2018 was due to higher rebar imports from Turkey (and bearing in mind the longer March month). Long products imports in the first quarter of 2018 […]

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US flat steel products imports rise 38% in March

April 11, 2018

Based on reported import licenses, US flat steel products imports rose 38% from 709,000 short tons in February to 978,000 tons in March. Hot rolled imports increased the most compared to other product categories, with higher volumes mainly from Canada, South Korea and Turkey. Flat products imports in the first three months of 2018 were […]

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China crude steel production 64.9M tonnes in February

March 28, 2018

Worldsteel reported Chinese crude steel production at 64.9 million metric tonnes in February, 5.9% higher than in February 2017. Chinese net finished steel exports (exports minus imports) in February were 3.8 million tonnes, 17.6% lower than in February last year. China monthly crude steel production January 2006 to February 2018, thousand metric tonnes Photo by […]

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February world crude steel production 131.8M tonnes

March 26, 2018

Worldsteel published February’s world crude steel production today. World crude steel output was 131.8 million metric tonnes, 3.5% higher than in February 2017 (and despite February having one day less in 2018). China accounted for 49% of world output in February with production of 64.9 million tonnes, 5.9% higher than in February 2017. Outside of […]

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