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Data

AK Steel, Nucor, and Steel Dynamics Q3 earnings

October 26, 2016

Third quarter earnings season has begun and we have results from AK Steel, Nucor, and Steel Dynamics. All three companies announced higher EBITDA per ton in Q3 relative to Q2. AK’s EBITDA per ton rose from $78 to $132, Nucor’s jumped to $120 from $97, and Steel Dynamics led the pack with EBITDA of $159 […]

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China crude steel production 68.2M tonnes in September

October 24, 2016

Worldsteel reported Chinese crude steel production at 68.2 million metric tonnes in September, 3.9% higher than in September 2015. Chinese crude steel output in the first nine months of 2016 was 0.6% higher than in the same period last year. China’s net finished steel exports (exports minus imports) in September were 7.7 million tonnes, 25.1% […]

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September world crude steel production 132.9M tonnes

October 24, 2016

Worldsteel published September’s world crude steel production on October 20th. World crude steel output was 132.9 million metric tonnes, 2.0% higher than in September 2015. World crude steel production in the first nine months of 2016 was 0.4% lower than in the same period last year. China accounted for 51% of world output in September […]

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US long products imports fall 15% in September

October 19, 2016

Based on reported import licenses, US long products imports dropped 15% from 506,000 short tons in August to 432,000 tons in September. Long products imports in September 2015 were 361,000 tons and in September 2014 they were 398,000 tons. Longs imports for the first nine months of 2016 were 6% higher than in the same […]

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Worldsteel raises world steel demand growth forecast on improved China outlook

October 12, 2016

In its latest Short Range Outlook (SRO), published October 11th, Worldsteel revised its world apparent steel use (ASU) growth forecast upwards. The revision raised estimated world steel demand growth between 2015 and 2016 from -0.8% in its April Short Range Outlook to 0.2% in its recent published figures. In addition, it revised the demand growth […]

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US flat products imports drop 9% in September

October 12, 2016

Based on reported import licenses, US flat products imports fell 9% from 965,000 short tons in August to 875,000 tons in September. Flat products imports in September 2015 were 975,000 tons and in September 2014 they were 1,387,000 tons. Imports of flat products for the first nine months of 2016 were 24% lower than in […]

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