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China

March world crude steel production 141M tonnes

May 1, 2014

Worldsteel published March’s global crude steel production on April 22nd. World crude steel production was 141 million metric tonnes, 12% higher than in February and 5% higher than in March 2013. China continues to account for 50% of total world production. Its output increased 13% in March compared to February and 6% between March 2013 […]

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US long products imports rise 59% in March

April 18, 2014

Based on reported import licenses, US long products imports rose 59% from 298,000 short tons in February to 475,000 tons in March. Imports from all long products categories increased, but the overall rise was mainly due to higher rebar and wire rod imports. Rebar imports have been volatile since December 2013 due mostly to volume […]

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Worldsteel reduces 2014 world steel consumption growth

April 13, 2014

In its latest Short Range Outlook, published April 9th, Worldsteel revised its world apparent steel use growth forecast for 2014 downward. The revision decreased estimated world steel consumption growth between 2013 and 2014 from 3.3% in its October Short Range Outlook to 3.0% in the recent published figures. In addition, Worldsteel expects apparent world steel […]

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US flat products imports rise 4% in March

April 11, 2014

Based on reported import licenses, US flat products imports climbed 4% from 982,000 short tons in February to 1,025,000 tons in March. This is the highest level of flat products imports registered since Nerds began collecting the data in September, 2008. In addition, March imports were 57% higher than in March last year. The 4% […]

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China crude steel production 62.1MT in February, January revised

March 25, 2014

China crude steel production was 62.1 million metric tonnes in February, 0.4% higher than in February 2013. In addition, January production figures for China were revised from 61.6 million tonnes (as reported in my earlier post) to 68.7 million tonnes, which brings the January-to-February 2014 output change to -9.7%. However, due to the shorter month […]

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February world crude steel production 125MT

March 25, 2014

Worldsteel published February’s global crude steel production on March 20th. World crude steel production was 125.0 million metric tonnes, 8.6% lower than in January but 0.6% higher than in February 2013. China’s production accounted for 50% of total world production in February showing a 9.7% drop month-on-month from January and a 0.4% increase between February […]

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