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China

China crude steel production 70.7M tonnes in March

April 21, 2016

Worldsteel reported Chinese crude steel production at 70.7 million metric tonnes in March, 2.9% higher than in March 2015 and 13% higher on an average daily basis compared to the February 2016. Output in the first quarter of 2016 was, however, 2.7% lower than in the same period last year due to low January and […]

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March world crude steel production 137.3M tonnes

April 21, 2016

Worldsteel published March’s world crude steel production on April 20th. World crude steel output was 137.3 million metric tonnes, 0.5% lower than in March 2015. World crude production for the first three months of 2016 was 3.4% lower than in the same period last year. China accounted for 51% of world production in March with […]

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Worldsteel reduces 2016 world steel demand growth forecast

April 14, 2016

In its latest Short Range Outlook (SRO), published April 13th, Worldsteel revised its world apparent steel use (ASU) growth forecast downward. The revision lowered estimated world steel demand growth between 2015 and 2016 from 0.7% in it’s October 2015 Short Range Outlook to -0.8% in the recent published figures. In addition, Worldsteel expects world ASU […]

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China crude steel production 58.5M tonnes in February

March 23, 2016

Worldsteel reported Chinese crude steel production at 58.5 million metric tonnes in February, 4.0% lower than in February 2015. China’s net finished steel exports (exports minus imports) in February were 7.2 million tonnes, 3.6% lower than in February 2015 and 29.9% lower than the record net exports level reached in September 2015. China monthly crude […]

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February world crude steel production 120.4M tonnes

March 23, 2016

Worldsteel published February’s world crude steel production on March 21st. World crude steel output was 120.4 million metric tonnes, 3.3% lower than in February 2015. World crude production for the first 2 months of 2016 was 5.6% lower than in the same period of 2015. China accounted for 49% of world production in February with […]

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US cold rolled imports down 47% since October 2014 peak

March 11, 2016

The US Department of Commerce published the preliminary antidumping decision on cold rolled steel imports last week. It will be interesting to see what kind of impact the trade case have on import volumes. Since the last peak in October 2014, US cold rolled sheet (excluding strip) imports from all countries have declined by 47% […]

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