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Korea

US flat steel products imports down 30% in February, up 15% in March

April 10, 2019

Based on reported import licenses, US flat steel products imports fell 30% from 839,000 short tons in January to 585,000 tons in February. Compared to February import licenses, March licenses rose 15% to 671,000 tons, mainly due to higher hot rolled import licenses from South Korea and higher cold roll import licenses from a number […]

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US long steel products imports rise 60% in January and fall back 47% in February

March 22, 2019

Based on reported import licenses, US long steel products imports rose 60% from 206,000 short tons in December to 329,000 tons in January. Compared to January import licenses, February licenses fell 47% to 175,000 tons. The drop between January and February was mainly due to lower rebar import licenses from Italy, Bulgaria and Vietnam. Wire […]

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US long products import licenses down 17% in December, up 60% in January

February 19, 2019

US import licenses for long steel products in December were 206,000 short tons, 17% lower than November imports. Compared to December, January import licenses rose 60% to 329,000 tons. The increase in January was mainly due to higher rebar licenses from Italy, Vietnam, and Bulgaria. Wire rod import licenses also increased significantly from Brazil, Germany […]

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2018 world crude steel production 1,809M tonnes, 4.6% higher than 2017

January 25, 2019

Worldsteel published December and full-year 2018 world crude steel production today. World crude steel production was 147.1 million metric tonnes in December, 4.2% higher than in December 2017. Full-year 2018 production was 1,808.6 million tonnes, 4.6% higher than in 2017. Chinese crude production accounted for 51% of full-year 2018 world output and showed a 6.6% […]

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US flat steel products imports fall 18% in November

December 10, 2018

Based on reported import licenses, US flat steel products imports fell 18% from 893,000 short tons in October to 733,000 tons in November. While imports of all flat products categories fell, most of the decline was due to lower hot roll imports from South Korea, Canada and Egypt, as well as lower hot dip galvanized […]

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October world crude steel production 156.6M tonnes

November 26, 2018

Worldsteel published October’s world crude steel production on November 23rd. World steel output was 156.6 million metric tonnes, 5.8% higher than in October 2017. Crude steel production in the first ten months of 2018 was 4.7% higher than in the same period last year. China accounted for 53% of world output in October with production […]

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