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China crude steel production down 6.4% on March, 2021 to 88.3Mt

April 26, 2022

Worldsteel reported crude steel production in China at 88.3 million metric tonnes, 6.4% lower than in March, 2021. Chinese production in the first three months of 2022 was 9.2% lower than in the same period last year. Data from the General Administration of Customs show China’s net finished steel exports (exports minus imports) in March […]

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World crude steel production drops 5.8% on March, 2021 to 161Mt

April 25, 2022

Worldsteel published March, 2022 world crude steel production on Friday. World steel output was 161.0 million metric tonnes, 5.8% lower than in March, 2021. China produced 88.3 million tonnes in March, accounting for 55% of world output and falling 6.4% on March, 2021. In other parts of Asia, Indian crude steel production rose 4.4% but […]

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US long products imports rise 63% on March, 2021 to 510kt

April 20, 2022

Based on reported import licenses, US long steel products imports rose 63% from 313,000 short tons in March, 2021 to 510,000 tons last month. Wire rod imports drove the increase, with import volumes more than doubling year-on-year due to higher volumes mainly from Malaysia, but also from India, Mexico, Vietnam, and Egypt. Long products imports […]

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Worldsteel steel demand growth +0.4% in 2022, revised downward by 1.8% on October 2021 prediction

April 18, 2022

In its latest Short Range Outlook (SRO), published last Thursday, Worldsteel expects world steel demand in 2022 to reach 1,840 million metric tonnes. The new forecast decreases estimate demand growth between 2021 and 2022 from 2.2% in its October 2021 SRO to 0.4% in the newly released figures. China accounted for 52% of world steel […]

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US flat products imports up 37% on March, 2021 to 982kt

April 6, 2022

Based on reported import licenses, US flat products imports rose 37% from 714,000 short tons in March, 2021 to 982,000 tons in March, 2022. The increase was mainly due to higher hot rolled volumes from South Korea, Mexico and Japan. Hot dip galvanized imports also rose significantly from Vietnam, Brazil and Turkey. Based on January […]

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China crude steel production down 10% on February 2021 to 75Mt

March 23, 2022

Worldsteel reported crude steel production in China at 75 million metric tonnes in February, 10.0% lower than in February, 2021. Chinese production in the first two months of 2022 was 11.9% lower than in the same period last year. Data from the General Administration of Customs show China’s net finished steel exports (exports minus imports) […]

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