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World

Worldsteel raises 2018 and 2019 steel demand forecasts on improved China outlook

October 16, 2018

In its latest Short Range Outlook (SRO), published today, Worldsteel revised its world apparent steel use (ASU) growth forecast for 2018 upward. The revision increased forecast steel demand growth between 2017 and 2018 from 1.8% in its April 2018 Short Range Outlook to 3.9% in the figures published today. In addition, it revised the demand […]

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August world crude steel production 151.7M tonnes

September 27, 2018

Worldsteel published August’s world crude steel production on September 25th. World steel output was 151.7 million metric tonnes, 2.6% higher than in August 2017. Crude steel production for the first eight months of 2018 was 4.8% higher than in the same period last year. China accounted for 53% of world output in August with production […]

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US long steel products imports rise 3% in August

September 18, 2018

Based on reported import licenses, US long steel products imports rose 3% from 327,000 short tons in July to 337,000 tons in August. Licenses show wire rod imports rising significantly in August from Turkey, Vietnam, Germany and South Korea. This was offset by lower rebar import licenses from Italy and Spain (and despite higher rebar […]

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US flat steel products imports fall 17% in August

September 6, 2018

Based on reported import licenses, US flat steel products imports fell 17% from 853,000 short tons in July to 711,000 tons in August. Out of our four main flat products categories, hot rolled imports fell by the largest volume, with significantly lower imports from Japan, Turkey and South Korea. Cold rolled imports fell mainly from […]

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July world crude steel production 154.6M tonnes

September 4, 2018

Worldsteel published July’s world crude steel production on August 27th. World steel output was 154.6 million metric tonnes, 5.8% higher than in July 2017. Crude steel production in the first seven months of 2018 was 5.1% higher than in the same period last year. China accounted for 53% of world output in July with production […]

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June world crude steel production 151.4M tonnes

July 26, 2018

Worldsteel published June’s world crude steel production today. World crude steel output was 151.4 million metric tonnes, 5.8% higher than in June 2017. Crude steel production in the first six months of 2018 was 4.7% higher than in the same period last year. China accounted for 53% of world output in June with production of […]

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