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US long steel products imports fall 6% on September 2018

October 21, 2019

Based on reported imports licenses, US long products imports fell 6% from 226,000 short tons in September 2018 to 211,000 tons in September this year. The decline was mainly due to lower wire rod imports, but parallel flange sections and light shapes imports also fell. Based on January to August imports and September import licenses, […]

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World steel demand forecast revised upward on improved China outlook

October 15, 2019

In its latest Short Range Outlook (SRO), published yesterday, Worldsteel revised its world steel demand growth forecast for 2019 and 2020 upward. The revision increased forecast demand growth between 2018 and 2019 from 1.3% in its April 2019 Short Range Outlook to 3.9%. In addition, Worldsteel revised demand growth between 2019 and 2020 from 1.0% […]

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US flat steel products imports fall 28% on September 2018

October 9, 2019

Based on reported import licenses, US flat steel products imports fell 28% year-on-year from 837,000 short tons in September 2018 to 600,000 tons in September this year. The decline was mainly due to lower hot rolled imports, with falling volumes from South Korea, the Netherlands, and Mexico. However, imports were lower for all flat products […]

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China crude steel production rises 9.3% on August 2018 to 87.3Mt

September 27, 2019

Worldsteel reported crude steel production in China at 87.3 million metric tonnes in August, 9.3% higher than in August 2018. Chinese output over the first eight months of 2019 was 9.4% higher than in the same period last year. China’s General Administration of Customs reported Chinese net finished steel exports (exports minus imports) in August […]

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August world crude steel production rises 3.4% to 156M tonnes

September 27, 2019

Worldsteel published August world crude steel production yesterday. World crude steel output was 156.0 million metric tonnes, 3.4% higher than in August 2018. China accounted for 56% of world production in August with output of 87.3 million tonnes, 9.3% higher than in August 2018. Asian production outside of China fell 2.3% due to declines in […]

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US long steel products imports drop 18% in August

September 18, 2019

Based on reported import licenses, US long products imports fell 18% from 279,000 short tons in July to 227,000 tons in August. Lower rebar imports were the main cause, with rebar imports declining from Italy, Spain and Algeria. Compared to August, 2018 long products imports, volumes fell 32%. Based on January to July imports and […]

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