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China

Worldsteel lowers world steel demand growth forecast to 1.3% in 2019. 2020 growth 1.0%

April 17, 2019

In its latest Short Range Outlook (SRO), published yesterday, Worldsteel revised its world apparent steel use (ASU) growth forecast for 2019 downward. The revision lowered estimated demand growth between 2018 and 2019 from 1.4% in its October 2018 SRO to 1.3% in yesterday’s figures. China accounted for 49% of world steel demand in 2018 and […]

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China crude steel production rises 9.2% in February to 71.0M tonnes

March 28, 2019

Worldsteel reported crude steel production in China at 71.0 million metric tonnes in February, 9.2% higher than in February 2018. Chinese output over the first two months of 2019 was also 9.2% higher than in the same period last year. Chinese net finished steel exports (exports minus imports) in February were approximately 3.4 million tonnes, […]

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February world crude steel production 137.3M tonnes, 4.1% higher than February 2018

March 27, 2019

Worldsteel published February’s world crude steel production yesterday. World steel output was 137.3 million metric tonnes, 4.1% higher than in February 2018. China accounted for 52% of world output in February with production of 71.0 million tonnes, 9.2% higher than in February 2018. Asian output outside of China rose 6.8%, with significantly higher production in […]

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China crude steel production rises 4.3% in January to 75.0M tonnes

February 27, 2019

Worldsteel reported crude steel production in China at 75.0 million metric tonnes in January, 4.3% higher than in January 2018. In addition, steel industry sources report Chinese net finished steel exports in January at approximately 5.1 million tonnes, 47% higher than in January 2018. China monthly crude steel production 2006 to 2019 thousand metric tonnes […]

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January world crude steel production 146.7M tonnes, 1.0% higher than January 2018

February 26, 2019

Worldsteel published January’s world crude steel production today. World steel output was 146.7 million metric tonnes, 1.0% higher than in January 2018. China accounted for 51% of world output in January with production of 75.0 million tonnes, 4.3% higher than in January 2018. Asian output outside of China fell 2.9%, mainly due to a 9.8% […]

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China crude steel production up 8.2% in December and 6.6% in 2018

January 28, 2019

Worldsteel reported crude steel production in China at 76.1 million metric tonnes in December, 8.2% higher than in December 2017. Full-year output in 2018 was 928.3 million tonnes, 6.6% higher than it was in 2017. In addition, Chinese net finished steel exports (exports minus imports) in December were 4.6 million tonnes, 1.8% higher than in […]

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