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World

China crude steel production 70.7M tonnes in March

April 21, 2016

Worldsteel reported Chinese crude steel production at 70.7 million metric tonnes in March, 2.9% higher than in March 2015 and 13% higher on an average daily basis compared to the February 2016. Output in the first quarter of 2016 was, however, 2.7% lower than in the same period last year due to low January and […]

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March world crude steel production 137.3M tonnes

April 21, 2016

Worldsteel published March’s world crude steel production on April 20th. World crude steel output was 137.3 million metric tonnes, 0.5% lower than in March 2015. World crude production for the first three months of 2016 was 3.4% lower than in the same period last year. China accounted for 51% of world production in March with […]

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US long products imports rise 5% in March

April 18, 2016

Based on reported import licenses, US long products imports rose 5% from 431,000 short tons in February to 452,000 tons in March. Long products imports in March 2015 were 583,000 tons and in March 2014 they were 410,000 tons. Longs imports for the first three months of 2016 were 9.6% lower than in the same […]

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Worldsteel reduces 2016 world steel demand growth forecast

April 14, 2016

In its latest Short Range Outlook (SRO), published April 13th, Worldsteel revised its world apparent steel use (ASU) growth forecast downward. The revision lowered estimated world steel demand growth between 2015 and 2016 from 0.7% in it’s October 2015 Short Range Outlook to -0.8% in the recent published figures. In addition, Worldsteel expects world ASU […]

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US flat products imports rise 2% in March

April 6, 2016

Based on reported import licenses, US flat products imports rose 2% from 860,000 short tons in February to 878,000 tons in March. Flat products imports in March 2015 were 1,271,000 tons and in March 2014 they were 1,001,000 tons. Imports of flat products for the first three months of 2016 were 32% lower than in […]

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February world crude steel production 120.4M tonnes

March 23, 2016

Worldsteel published February’s world crude steel production on March 21st. World crude steel output was 120.4 million metric tonnes, 3.3% lower than in February 2015. World crude production for the first 2 months of 2016 was 5.6% lower than in the same period of 2015. China accounted for 49% of world production in February with […]

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