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Data

Worldsteel steel demand growth forecast revised downward to 1.8% in 2023, upward to 1.9% in 2024

October 23, 2023

In its latest Short Range Outlook (SRO), published last week, Worldsteel expects world steel demand to be 1,815 million metric tonnes in 2023 and 1,849 million tonnes in 2024. The new forecast expects a 1.8% steel demand growth in 2023 and a 1.9% increase in 2024, lowering their expectations compared to their April, 2023 forecast […]

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US long products imports down 14% on September 2022, dropping 18% year-to-date

October 23, 2023

Based on reported import licenses, US long products imports fell 14% from 274,000 short tons in September, 2022 to 235,000 tons last month. According to import licenses, rebar imports showed the highest decline, with volumes falling mainly from Turkey, but also from Algeria and Mexico. Rebar imports from Egypt rose significantly, however. Long products imports […]

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US flat products imports rise 15% on September, 2022 to 737kt

October 9, 2023

Based on reported import licenses, US flat products imports rose 15% from 641,000 short tons in September, 2022 to 737,000 tons in September, 2023. Hot roll imports increased by the highest volume with imports up from significantly from South Korea, but also from Japan and Brazil. In contrast, cold roll imports fell from Taiwan, Mexico, […]

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China crude steel production rises 3.2% on August, 2022 to 86.4Mt, 57% of world output

September 26, 2023

Worldsteel reported August crude steel production in China at 86.4 million metric tonnes, 3.2% higher than in August, 2022. Chinese production in the first eight months of 2023 was 2.3% higher than in the first eight months of 2022. Data from China’s General Administration of Customs show China’s August net finished steel exports (exports minus […]

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World crude steel production rises 2.2% on August, 2022, China +3.2%, ROW +0.9%

September 25, 2023

Worldsteel published August, 2023 world crude steel production today. World crude steel output was 152.6 million metric tonnes, 2.2% higher than in August, 2022. China produced 86.4 million tonnes in August, accounting for 57% of world output and rising 3.2% on August, 2022. World crude steel production outside China rose 0.9% compared to last August. […]

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US long products imports up 14% on August, 2022, down 19% year-to-date

September 18, 2023

Based on reported import licenses, US long products imports rose 14% from 319,000 short tons in August, 2022 to 362,000 tons last month. According to import licenses, wire rod imports showed the highest increase with volumes increasing mainly from Algeria and Egypt. Rebar imports also increased significantly from the same countries. Long products imports in […]

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