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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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China crude steel production up 0.2% on April 2019 to 85.0Mt

May 26, 2020

Worldsteel reported crude steel production in China at 85.0 million metric tonnes in April, 0.2% higher than in April 2019. Chinese production in the first four months of 2020 was 1.1% 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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April world crude steel production 137.1Mt, down 13% on April 2019

May 22, 2020

Worldsteel published April world crude steel production today. World steel output was 137.1 million metric tonnes, 13.0% lower than in April 2019. Crude steel production in the first four months of 2020 was 4.2% lower than in the same period last year. China accounted for a record 62% of world output in April with production […]

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US long products imports fall 31% on April 2019

May 18, 2020

Based on reported import licences, US long products imports declined 31% from 333,000 short tons in April 2019 to 231,000 tons in April this year. The decline was mainly due to lower wire rod imports, though all other structural shapes imports also declined significantly. Based on January to March imports and April import licenses, long […]

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