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worldsteel

World crude steel production rises 15% on March 2020

April 23, 2021

Worldsteel published March 2021 crude steel production yesterday. World steel output was 169.2 million metric tonnes, 15% higher than in March 2020. China produced 94 million tonnes in March, accounting for 56% of world output and rising 19% on March 2020. In other parts of Asia, Indian output rose 24%, while Japanese and South Korean […]

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Worldsteel steel demand forecast +5.8% in 2021, up 1.7% on October 2020 prediction

April 16, 2021

In its latest Short Range Outlook (SRO), published yesterday, Worldsteel expects steel demand in 2021 to reach 1,874 million metric tonnes. The new forecast increases estimated demand growth between 2020 and 2021 from +4.1% in its October 2020 SRO to +5.8% in the newly released figures. China accounted for 56% of world steel demand in […]

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World crude steel production up 4.1% on February 2020 to 150.2Mt

March 24, 2021

Worldsteel published February 2021 world crude steel production yesterday. World steel output was 150.2 million metric tonnes, 4.1% higher than in February 2021. China produced 83 million tonnes in February, accounting for 55% of world output and rising 10.9% on February 2020. In other parts of Asia, Indian production fell 3.1%, Japanese production dropped 5.6%, […]

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World crude steel production up 4.8% on January 2020 to 162.9Mt

February 26, 2021

Worldsteel published January 2021 world crude steel production yesterday. World steel output was 162.9 million metric tonnes, 4.8% higher than in January 2020. China produced 90.2 million tonnes in January, accounting for 55% of world output and rising 6.8% on January 2020. In other parts of Asia, Indian output rose 7.6% on last January and […]

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First River Steel Data Room Dataset of the Week: US construction spending 2010-2020, US$M

February 25, 2021

According to Worldsteel, construction accounts for about 50% of steel demand worldwide. While this figure differs by region, those of us who follow steel demand are keenly interested in the performance of the construction sector. Construction is the focus of this week’s Steel Data Room dataset of the week, “US Census Bureau Construction Spending”. In […]

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China crude steel production up 8% on December 2019 and 5% on full-year 2019

January 27, 2021

Worldsteel reported crude steel production in China at 91.3 million tonnes in December, 8% higher than in December 2019. Chinese crude steel output in 2020 was 5% higher than in 2019 at 1,053 million tonnes. Data from China’s General Administration of Customs show net finished steel exports in December at 3.5 million tonnes, 9% higher […]

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