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Data

US flat steel products imports drop 15% in February

March 8, 2017

Based on reported import licenses, US flat products imports fell 15% from 878,000 short tons in January to 744,000 tons in February. Flat products imports in February 2016 were 860,000 tons and in February 2015 they were 1,254,000 tons. Imports of all flat products categories fell between January and February, though the largest declines came […]

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Safety in the steel industry is everyone’s job

March 6, 2017

In other news… Safety in the steel industry is the #1 concern of all employees. It gets thoughtful and sensitive treatment in a current Italian theater production “Acciaio Liquido” (liquid steel) viewed by Nerdsofsteel. The show highlights the causes and responsibilities surrounding the ThyssenKrupp Turin fire that killed seven employees in December 2007. It helps […]

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January world crude steel production 136.5M tonnes

February 24, 2017

Worldsteel published January’s world crude steel production on February 21st. World crude steel output was 136.5M metric tonnes, 7.0% higher than in January 2016. China accounted for 49% of world output in January with production of 67.2 million tonnes, up 7.4% compared to January 2016. Asian crude production outside of China increased by 6.1% driven […]

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Gerdau and Ternium report full year EBITDA

February 23, 2017

Gerdau and Ternium released Q4 and full year 2016 earnings this week. Average EBITDA per ton for both companies rose in 2016 as compared to 2015. Gerdau’s EBITDA per ton rose from $58 to $70 and Ternium’s jumped from $98 to $144. Ternium’s average EBITDA per ton for 2016 ($144) was the highest among the […]

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US long products imports up 21% in January

February 21, 2017

Based on reported import licenses, US long products imports rose 21% from 365,000 short tons in December to 441,000 tons in January. Long products imports in January 2016 were 412,000 tons and in January 2015 they were 403,000 tons. The increase between December and January was mainly due to higher rebar imports from Turkey, though […]

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China crude steel production 67.2M tonnes in January

February 21, 2017

Worldsteel reported Chinese crude steel production at 67.2 million metric tonnes in January, 7.4% higher than in January 2016. China’s net finished steel exports (exports minus imports) in January were 6.3 million tonnes, 28.1% lower than in January 2016 and the lowest level since April 2014. China monthly crude steel production January 2005 to January […]

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