October 17, 2017
In its latest Short Range Outlook (SRO), published October 16th, Worldsteel revised its world apparent steel use (ASU) growth forecast upward. The revision increased estimated world steel demand growth between 2016 and 2017 from 1.3% in its April 2017 Short Range Outlook to 7.0% in the recent published figures. In addition, it revised the demand […]
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September 25, 2017
Worldsteel reported Chinese crude steel production at 74.6 million metric tonnes in August, 8.7% higher than in August 2016. Chinese crude output for the first eight months of 2017 was 5.6% higher than in the same period last year. Chinese net finished steel exports (exports minus imports) in August were 5.5 million tonnes, 30.0% lower […]
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