Net imports equals imports minus exports. We regard this as an important look at the overall trade picture and its effect on demand at the mill level. Figure 1 shows that net sheet product imports on a three month moving average (3MMA) basis in June continue to be more than double that which existed before […]
Global steel production in 12 months through June totaled 1.622 billion tonnes with a capacity of 2.2 billion tonnes. Capacity utilization on a three month moving average, (3MMA) basis was 71.6 percent, down from 72 percent in three months through May. China accounted for 50.8 percent of global production in June. Asia as a whole, […]
Global steel production in 12 months through May totaled 1.672 billion metric tonnes with a capacity of 2.2 billion tonnes according to the World Steel Association. Capacity utilization on a three month moving average, (3MMA) basis was 72.2 percent unchanged from April. China accounted for 50.2 percent of global production in May. Asia as a […]
Steel Market Update found it interesting as we received a number of comments regarding Al Plummer’s letter to the editor regarding foreign steel imports, pricing and potential dumping. What was most interesting was the vast majority of the comments received were from other steel traders… One trader responded to the continued threats of filing dumping […]
Global steel production in 12 months through April totaled 1.624 billion tonnes with a capacity of 2.2 billion tonnes which yields a utilization for the 12 month period of 73.8 percent. China accounted for 50.9 percent of global production in April. Asia as a whole, including India, accounted for 68.4 percent. Production in April on […]
Global steel production in 12 months through March totaled 1.626 billion tonnes with a capacity of 2.2 billion tonnes which yields a utilization for the 12 month period of 73.9 percent. China accounted for 50.3 percent of global production in March. Asia as a whole, including India, accounted for 68.3 percent of global production. Production […]
Three steel industry executives met in Washington D.C. on Thursday at the Congressional Steel Caucus to discuss state of the US steel industry and the impact unfairly traded imports have had on jobs and manufacturing. Revisions to the “material injury” standards were proposed to add language that clearly defines indicators of injury and allows relief […]
Global steel production in 12 months through February totaled 1.628 billion tonnes with a capacity of 2.2 billion tonnes which yields a utilization for the 12 month period of 74 percent. China accounted for 51 percent of global production in February. Asia as a whole, including India, accounted for 68.4 percent of global production. Production […]
Net imports equals imports minus exports. We regard this as an important look at the overall trade picture and its effect on demand at the mill level. Figure 1 shows that net sheet product imports on a three month moving average (3MMA) basis in January were almost double that which existed before the recession. The […]
Global steel production in 2014 totaled 1.627 billion tonnes with a capacity of 2.2 billion tonnes which yields an average utilization for the year of 74 percent. China accounted for 51 percent of global production in 2014. Asia as a whole, including India, accounted for almost 70 percent of global production. Production in January on […]
Production in November on a tons per day basis was 4.351 million tonnes, down from 4.411 in October. November had one fewer production day than October and the month’s total decreased from 136.363 million to 130.525 tons. Since January 2008 on average, November monthly production has decreased by 5.36 percent, this year November decreased by […]
Production in October on a tons per day basis was 4.411 million tons, down from 4.485 in September. This was the fourth month since February when production was <4.5 million metric tons per day. October had one more production day than September and the month’s total increased from 134.562 million to 136.838. Since January 2008 […]
Production in September on a tons per day basis was 4.481 million tonnes, up from 4.342 in August. This was the third month since February when production was <4.5 million tons per day. For the month of September production was 134.421 million tonnes down from 135.167 in August. This was a seasonal effect, due to […]
Production in August on a tons per day basis was 4.342 million tonnes, down from 4.424 in July. This was the second month since February when production was <4.5 million metric tons per day. This is a seasonal effect, since January 2008 on average, August production has declined by 1.76 percent from July. This year […]
Production in July on a tons per day basis was 4.415 million metric tons, down from 4.590 in June. This was the first month since February when production was less than 4.5 million tons per day. This is not a seasonal effect. Since January 2008 on average, July production has been about the same as […]
Global steel mill production in May on a tons per day basis was 4.554 million tonnes. The last three months have all been greater than 4.5 million for the first time ever which drove the three month moving average (3MMA) of production in May to another all-time high annual rate of 1.677 billion tonnes and […]
Production in April on a tons/day basis was another all-time high at 4.574 million tonnes. The three month moving average (3MMA) of production in April was at an annual rate of 1.619 billion tonnes with a capacity utilization of 78.5 percent, also a 3MMA, (Figure 1). Capacity is now 2.076 billion tonnes. Table 1 shows […]
Production in March was at an all-time high of 141.3 million tonnes and increase of 15.4 million tonnes from February. This jump has become normal for the month of March which for the last three years was the highest month of the year. The three month moving average (3MMA) of production was at an annual […]
Global Steel Production in February declined by 11.7 million tonnes, normal for that month based on a reduced number of operating days. February steel production was 125 million tonnes, an increase of 0.6 percent from February last year. Capacity utilization on a rolling three month basis through February was 75.9 percent (Figure 1). The annualized […]
Global steel production in December was 129.2 million tonnes, an increase of 0.8 percent from November and of 6.3 percent from December 2102 according to the World Steel Association. The decline in the 2nd half of 2013 was much less than occurred in the previous three years. Capacity utilization in December was 74.7 percent. The […]
Production declined by 5.0 percent from October to 127,364,000 tonnes, partly due to less days in the month but this was also the lowest monthly tonnage since February. Capacity utilization was 74.0 percent. The annualized three month moving average production was 1.576 billion tonnes through November (Figure 1). Capacity is now 2.076 billion tonnes. Global […]
According to the World Steel Association, global steel production rose 1.4 percent in October to 134,262,000 tonnes compared to September and reached a capacity utilization rate of 78.0 percent. The annualized three month moving average production was 1.591 billion tonnes through October (Figure 1). Capacity is now 2.076 billion tonnes. Global production this year has deviated from the […]
Global steel production, September 2013 rose 1.05 percent from August to 132,154,000 tonnes and a capacity utilization rate of 76.8 percent. The annualized three month moving average production was 1.581 billion tonnes in the third quarter (Figure 1). Capacity is now 2.076 billion tonnes. Global production this year is following the same pattern as the […]
In August China’s steel production exceeded 50 percent of the global total for what we believe to be the first time. Global production in August was 130.352 million tonnes with a capacity utilization of 76.0 percent. In three months through August production was at an annual rate of 1.572 billion tonnes with a capacity utilization […]
The three month moving average of global production in July was unchanged from June at an annual rate of 1.596 billion tons. Capacity utilization was 77.5 percent (Figure 1). For the July data, the World Steel Association increased the global capacity to 2.06 billion tons which reduced the capacity utilization value back to Q3 last […]