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Data

US flat steel products imports rise 13% in April

May 11, 2017

Based on reported import licenses, US flat steel products imports rose 13% from 816,000 short tons in March to 924,000 tons in April. Flat products imports for the first four months of 2017 were 4% lower than in the same period last year, with increases in hot dip galvanized (+26%) and cold rolled (+42%) imports, […]

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AHMSA, Gerdau, TimkenSteel Q1 2017 financial results

May 5, 2017

Three more companies released Q1 2017 earnings this week. AHMSA’s EBITDA per ton jumped to $53, from a loss of $11 last quarter. Gerdau reported $64 as compared to $39 in the fourth quarter of last year. The biggest improvement was recorded by TimkenSteel: shipments were up 50% in the quarter and EBITDA per ton […]

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China crude steel production 72.0M tonnes in March

April 27, 2017

Worldsteel reported Chinese crude steel production at 72.0 million metric tonnes in March, 1.8% higher than in March 2016. Chinese crude steel output for the first quarter of 2017 was 4.4% higher than in the same period last year. China’s net finished steel exports (exports minus imports) in March were 6.3M tonnes, 28.1% lower than […]

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March world crude steel production 145.0M tonnes

April 26, 2017

Worldsteel published March’s world crude steel production on April 24th. World crude steel output was 145.0 million metric tonnes, 4.6% higher than in March 2016. World production in the first quarter of 2017 was 5.6% higher than in the same period last year. China accounted for half of world output in March with production of […]

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More Q1 2017 financial results and EBITDA per ton

April 26, 2017

Five more North American steel producers recently reported first quarter financial results. Two were US-based integrated producers and both experienced a decline in EBITDA per ton as compared to the final quarter of 2016: AK’s EBITDA per ton fell to $118 in Q1 from $131 in Q4 last year, while US Steel’s dropped from $46 […]

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Worldsteel raises 2017 world steel demand growth forecast

April 22, 2017

In its latest Short Range Outlook (SRO), published April 21st, Worldsteel revised its world apparent steel use (ASU) growth forecast upward. The revision increased estimated world steel demand growth between 2016 and 2017 from 0.5% in its October 2016 Short Range Outlook to 1.3% in the recent published figures. While China’s ASU was expected to […]

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