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Data

World crude steel production up 1.5% on May, 2023 and 0.4% in the 1st five months of 2024

June 21, 2024

Worldsteel published May, 2024 world crude steel production today. World crude steel output in May was 165.1 million metric tonnes, 1.5% higher than in May, 2023. China produced 92.9 million tonnes in May, accounting for 56% of world output and rising 2.7% compared to May, 2023. Asian output outside of China, which now accounts for […]

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‘It is not only a trend, it’s a radical shift’. SMS’s Thomas Hansmann talks steel industry decarbonization on The Green Steel Challenge

June 18, 2024

Episode 14 of The Green Steel Challenge podcast features Thomas Hansmann, CTO of world-leading steelmaking plant supplier SMS. Thomas does a superb job in summarizing which decarbonization technologies are state of the art, why it’s so important to lower blast furnace emissions, and finally, the two main barriers which are in the way of the […]

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US long products imports rise 28% on May, 2023 and 7% on the first 5 months of 2023

June 18, 2024

Based on reported import licenses, US long products imports rose 28% from 250,000 short tons in May, 2023 to 319,000 tons in May, 2024. The rise was mainly due to higher parallel flange sections imports from South Korea, higher wire rod imports from Ukraine (and others), and higher rebar imports from Turkey and Bulgaria. US […]

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US flat products imports rise by 12% on last May and by 24% in the first 5 months of 2024

June 10, 2024

Based on reported import licenses, US flat products imports rose 12% from 738,000 short tons in May, 2023 to 825,000 tons in May, 2024. The increase was mainly due to higher hot dip galvanized imports from Vietnam, where hdg import licenses in May 2024 reached 67,000 short tons. In contrast, hot rolled imports fell by […]

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China crude steel production -7% on April, 2023 and -5% in first four months of 2024

May 28, 2024

Worldsteel reported crude steel production in China at 85.9 million metric tonnes in April, 7.2% lower than in April, 2023. Chinese production in the first four months of 2024 was 4.9% lower than in the same period last year. Data from China’s General Administration of Customs show net finished steel exports (exports minus imports) in […]

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Irina Gorbounova from ArcelorMittal’s XCarb Innovation Fund details key investments on The Green Steel Challenge podcast

May 28, 2024

What are some of the most promising new technologies that will allow the decarbonization of steel production? Irina Gorbounova, VP President M & A and Head of the ArcelorMittal XCarb Innovation Fund discusses ArcelorMittal’s decarbonization goals and XCarb’s investments in Episode 13 of The Green Steel Challenge podcast, released today. Energy supply/storage, carbon re-use, and […]

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