WSA: Global Steel Production Fell in June

Global crude steel production was estimated at 158.1 million metric tons in June as steelmakers around the world cut back on output by 9.8 million metric tons, or 5.8%, from the same period last year, the World Steel Association (worldsteel) reported.

Last month’s estimated production was also down sequentially, shrinking by 6.7%, or 11.4 million tons, versus May’s total crude steel output.

David Schollaert

David Schollaert is deputy editor-in-chief for Steel Market Update. David joined SMU after more than a decade in the metals and mining industry in a myriad of different roles. Much of his early experience and expertise were within the coverage and analysis of steel-making raw materials and served previously as senior editor of the CRU Prices Service. Most recently, however, before his return to market analysis, David held roles as a metals buyer and an operations manager for raw material suppliers. He can be contacted at david@steelmarketupdate.com or 724-720-1008.

David Schollaert

Latest in Market Data

AISI: US production edges back down

Nucor ups HR coil CSP to $1,230/ton

Drilling activity eases in the US, moves higher in Canada

SMU Survey: Current Buyers’ Sentiment Index declines, Future Sentiment flat

SMU flat-rolled market survey results now available