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US flat products imports rise 14% on October, 2023 and 13% on 1st ten months of 2023

November 12, 2024

Based on reported import licenses, US flat steel products imports rose 14% from 650,000 short tons in October, 2023 to 744,000 tons in October, 2024. The increase was mainly due to higher hot dip galvanized imports from Vietnam, Brazil and South Korea, as well as higher cold rolled imports from Australia. Higher hot dip and […]

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China crude steel production -6.1% on September, 2023, net exports +29%

October 23, 2024

Worldsteel reported crude steel production in China at 77.1 million metric tonnes in September, 6.1% lower than in September, 2023. Chinese production in the first nine months of 2024 was 4.6% lower than in the same period last year. China’s General Administration of Customs reported net finished steel exports (exports minus imports) in September at […]

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World crude steel production declines 4.7% on September, 2023 following a 6.1% decline in China

October 22, 2024

Worldsteel published September, 2024 world crude steel production today. World crude steel output in September was 143.6 million metric tonnes, 4.7% lower than in September, 2023. China produced 77.1 million tonnes in September, accounting for 54% of world output and falling 6.1% compared to September, 2023. Asia and Oceania output outside of China, which now […]

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US long products imports rise 10% on September, 2023, down 3% on first 9 months of 2023

October 21, 2024

Based on reported import licenses, US long products imports rose 10% from 202,000 short tons in September, 2023 to 222,000 tons in September, 2024. The increase was mainly due to higher wire rod imports from Canada, Japan, and Algeria. US long products imports in the first nine months of 2024 were 3% lower than in […]

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Worldsteel forecasts world steel demand to fall 0.9% in 2024, 2.6% lower than April 2024 prediction

October 14, 2024

In its latest Short Range Outlook (SRO) published today, Worldsteel expects world steel demand in 2024 to reach 1,751 million tonnes. The new forecast lowers estimated demand growth between 2023 and 2024 from 1.7% in its April, 2024 SRO to -0.9% in the newly released figures. World steel demand is expected to grow by another […]

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US flat products imports rise 4% on September, 2023 and 14% on first three quarters of 2023

October 11, 2024

Based on reported import licenses, US flat steel products imports rose 4% from 707,000 short tons in September, 2023 to 732,000 tons in September, 2024. The increase was mainly due to higher hot dip galvanized imports from Vietnam, which were heavily offset by lower hot rolled imports from South Korea, Japan, and Mexico. US flat […]

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