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World Steel Association Autumn 2009 demand forecast

October 12, 2009

The World Steel Association just released its Autumn 2009 global steel demand forecast.  The detailed forecast by country is available here.  Global demand is expected to fall to just over 1.1 billion metric tonnes (BMT) in 2009, down from 1.2 BMT in 2008.  In 2010, demand is forecast to grow by 9% and get back […]

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World crude steel production rises 2.5% in August

September 21, 2009

The recent divergent trends in regional steel production continue according to the latest crude steel production figures from worldsteel published today. Overall global crude steel production rose about 2.5% in August over the prior month. But year-to-date output versus 2008 is down 18%. The experience of different regions or economic groups is significantly different. China […]

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World crude steel production rises 4% in July

August 26, 2009

Sorry for the delay in posting worldsteel figures for crude steel production by country in July, but here they are. Overall steel production was up 4% in July, led by a record-breaking performance in China. Global production is down year to date by about 20% versus last year, but down only 11% July 2009 compared […]

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World crude steel production up 4% in June

July 20, 2009

The World Steel Association’s crude steel production report published today shows a 4% rise for June over May. Global production is running 21% lower year to date versus 2008, but that varies significantly by region. The developed world is down 45%. The non-China developing world is down 23%. China, by contrast, is up 2%. China […]

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Could the steel industry recession be over?

July 1, 2009

Well it might be – technically. Plenty of people seem to want to say it is in the broader economy. On June 10th the UK’s Guardian newspaper reported the UK recession as being over. Then a week later Liz Sonders, Chief Investment Strategist at Charles Schwab said the US recession is over. There have been […]

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World crude steel production rises 7.4% in May

June 19, 2009

Worldsteel published its world crude steel production report today showing a 21% year on year decline in production through May, but a 7.4% bounce sequentially from April. Of particular note is the vigor of Chinese production which at 46.4MT is just a shade lower than the record production of 46.9MT in June last year. Follow […]

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