April 16, 2021
Based on reported import licenses, US long products imports rose 29% from 219,000 short tons in March 2020 to 282,000 tons last month. Licenses indicate that the increase was mainly due to higher rebar imports which rose significantly from Algeria, Portugal, and Turkey. US long products imports in the the first 3 months of 2021 […]
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April 16, 2021
In its latest Short Range Outlook (SRO), published yesterday, Worldsteel expects steel demand in 2021 to reach 1,874 million metric tonnes. The new forecast increases estimated demand growth between 2020 and 2021 from +4.1% in its October 2020 SRO to +5.8% in the newly released figures. China accounted for 56% of world steel demand in […]
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