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Korea

January world crude steel production 139.4M tonnes

February 26, 2018

Worldsteel published January’s world crude steel production today. World crude steel output was 139.4 million metric tonnes, 0.8% higher than in January 2017. China accounted for 48% of world output in January with production of 67.0 million tonnes, 0.9% lower than in January 2017. Outside of China, Asian production rose significantly in India (+2.5%), South […]

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US flat steel products imports rise 6% in January

February 7, 2018

Based on reported import licenses, US flat steel products imports rose 6% from 703,000 short tons in December to 743,000 tons in January. The increase was mainly driven by higher hot rolled imports from Japan, Korea, and Turkey, though cold rolled imports declined from Turkey, Russia, and Australia. SIMA US flat products import licenses and […]

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2017 world crude steel production 1,691 million tonnes

January 25, 2018

Worldsteel published December and full-year 2017 world crude steel production yesterday. World crude steel production was 138.1 million metric tonnes in December, 3.9% higher than in December 2016. Full-year 2017 production was 1,691.2 million tonnes, 5.3% higher than in 2016. Chinese crude production accounted for 49% of full-year 2017 world output and showed a 5.7% […]

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US long steel products imports rise 4% in December

January 19, 2018

Based on reported import licenses, US long steel products imports rose 4% from 233,000 short tons in November to 241,000 tons in December. The increase between November and December was mainly due to higher parallel flange sections imports which rose from unusually low levels in November from countries including South Korea. Long products imports for […]

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US long steel products imports drop 28% in November

December 19, 2017

Based on reported import licenses, US long steel products imports fell 28% from 322,000 short tons in October to 233,000 tons in November. The month-on-month decline was due to lower wire rod, rebar, and parallel flange sections imports. Wire rod imports fell from countries including Egypt and Vietnam, while rebar imports fell significantly from Turkey […]

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October world crude steel production 145.3M tonnes

November 23, 2017

Worldsteel published October’s world crude steel production yesterday. World crude steel output was 145.3 million metric tonnes, 5.9% higher than in October 2016. World production for the first ten months of 2017 was 5.3% higher than in the same period last year. China accounted for half of world output in October with production of 72.4 […]

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