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US flat products imports fall 10% on June 2019

July 8, 2020

Based on reported import licenses, US flat products imports fell 10% from 586,000 short tons in June 2019 to 527,000 tons in June this year. Cold rolled import licenses fell by the largest volume on last June’s actuals (-49,000 tons), followed by hot rolled imports (-42,000 tons) and cut plate (-13,000 tons). Hot dip galvanized […]

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China crude steel production up 4% on May 2019 to 92.3Mt

June 23, 2020

Worldsteel reported crude steel production in China at 92.3 million metric tonnes in May, 4.2% higher than in May 2019. Chinese production in the first five months of 2020 was 1.8% higher than in the same period last year. Data from the General Administration of Customs show Chinese net finished steel exports (exports minus imports) […]

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May world crude steel production 148.8Mt, down 9% on May 2019

June 22, 2020

Worldsteel published May world crude steel production today. World steel output was 148.8 million metric tonnes, 8.7% lower than in May 2019. Crude steel production in the first five months of 2020 was 5.4% lower than in the same period last year. As in April, China accounted for 62% of world output in May. Chinese […]

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US long products imports drop 14% on May 2019

June 19, 2020

Based on reported import licenses, US long products imports fell 14% year-on-year from 331,000 short tons in May 2019 to 286,000 tons in May this year. The decline was mainly due to lower parallel flange sections imports from South Korea, Luxembourg, and Taiwan. Based on January to April imports and May import licenses, long products […]

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Worldsteel steel demand forecast -6.4% in 2020, down 8.1% on October 2019 prediction

June 8, 2020

In its latest Short Range Outlook (SRO), published June 4th, Worldsteel revised its steel demand growth forecast for 2020 downward due to the Covid-19 crisis. The revision lowered estimated demand growth between 2019 and 2020 from 1.7% in its October 2019 SRO to -6.4% in the June 4th figures. China accounted for 51% of world […]

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US flat products imports fall 20% on May 2019

June 8, 2020

Based on reported import licenses, US flat products imports fell 20% from 642,000 short tons in May 2019 to 516,000 tons in May this year. Of all flat product categories, hot dip galvanized showed the largest imports decline May-on-May, mainly due to lower volume from Canada. Hot rolled imports also fell significantly compared to last […]

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