Tag: worldsteel

Global steel output inched higher from September to October, even as production declined in China, the World Steel Association (worldsteel) said in its latest monthly report.

Global steel production dropped in September for a third consecutive month, according to the latest figures from the World Steel Association (worldsteel). Approximately 149.3 million metric tons of crude steel were produced globally in September. That’s a 2.1% decline from the estimated 152.6 million metric tons produced in August. September’s production was down 1.5% from September […]

Global steel demand will reach 1.81 million metric tons in 2023, a 1.8% year-on-year boost, the World Steel Association (worldsteel) said in its updated Short Range Outlook report.

Nucor’s President and CEO Leon Topalian has been named the new chairman of the World Steel Association (worldsteel).

Global steel production tapered off in August vs. July, according to the latest figures from the World Steel Association (worldsteel).

Global steel production increased 6.6% year over year (YoY) in July to 158.5 million metric tons, according to the latest report from the World Steel Association (worldsteel).

Global steel production slipped modestly in June as output declined in the world ex-China, according to the latest figures from the World Steel Association (worldsteel). Globally, an estimated 158.8 million metric tons of crude steel was produced in June, worldsteel said. This was a 1.7% decline from the month prior, and comparable to the 158.1 […]

Global steel production slipped modestly in June as output declined in the world ex-China, according to the latest figures from the World Steel Association (worldsteel).

Global crude steel output during the month of May was flat from April but down almost 5% from the same month last year, according to the most recent data from the World Steel Association (worldsteel). Monthly production dipped in China while rising in the rest of the world (RoW). May’s steel production totaled 161.6 million […]

Global steel production during the month of May was largely steady compared to the prior month, though down vs. the same year-ago period, according to the latest data from the World Steel Association (worldsteel). Worldsteel reports an estimated 161.6 million metric tons of crude steel was produced globally in May. This was an 0.1% increase […]

After hitting a 10-month high in March, global crude steel production fell back in April as output declined in both China and the rest of the world (RoW). Production was down 2.4% from the same month last year, according to the latest data from the World Steel Association (worldsteel) analyzed by SMU. Global steel output […]

Global steel production during the month of April was lower both sequentially and on-year, according to the latest data from the World Steel Association (worldsteel). Worldsteel reports an estimated 161.4 million metric tons of crude steel was produced globally in April. This was a 0.8% drop from the month prior and a 2.4% decline from […]

Despite high interest rates dampening demand, strength in manufacturing across the globe will drive a rebound in steel demand this year, the World Steel Association (worldsteel) said in its April 2023 Short Range Outlook. “In 2022, recovery momentum after the pandemic shock was hampered by high inflation and increasing interest rates, the Russian invasion of […]

Global crude steel production was estimated at 142.3 million metric tons in February, as steelmakers around the world cut output by 1.4 million metric tons vs. the same year-ago period, the World Steel Association (worldsteel) reported. Last month’s estimated production was also down sequentially, declining 2%, or 2.9 million metric tons, from January’s total crude […]

Steel Market Update is pleased to share this Premium content with Executive members. For information on upgrading to a Premium-level subscription, email info@steelmarketupdate.com. World crude steel production rebounded month on month (MoM) in January, driven by widespread increases worldwide. Global production was down, though, more than 6% vs. the same period last year, according to World […]

World crude steel production fell 10.8% to 140.7 million tonnes in December compared to the same month the previous year, according to a release from the World Steel Association (worldsteel). For the top five steel-producing nations, China produced 77.9 million tonnes in December, down 9.8% from a year earlier; India, up 0.8% to 10.6 million tonnes; Japan, down […]

Global crude steel production was estimated at 139.1 million metric tons in November, as steelmakers around the world cut output by 4.2 million metric tons vs. the same year-ago period, the World Steel Association (worldsteel) reported. Last month’s estimated production was also down sequentially, declining 5.6%, or 8.2 million metric tons, from October’s total crude […]

World crude steel production declined month on month (MoM) in November, driven by a widespread decline worldwide. Global production was also down nearly 3% vs. the same period last year, according to World Steel Association (worldsteel) data. November’s output lost ground when compared to October, down 5.6%, declining for the second straight month. World crude […]

World crude steel production declined month-on-moth (MoM) in October, driven almost singlehandedly by lower Chinese output. Global production was still, however, up 1.1% versus the same period last year, according to World Steel Association (worldsteel) data. October’s output lost ground when compared to September, down 2.9%, declining for the first time in three months. World […]

Global crude steel production was estimated at 147.3 million metric tons in October as output was up by 1.6 million metric tons — 1.1% higher than the same period last year, the World Steel Association (worldsteel) reported. Last month’s estimated production was down sequentially, however, declining by 2.9%, or by 4.4 million metric tons from September’s […]

World crude steel production edged up slightly month-on-moth (MoM) in September, though driven almost singlehandedly by Chinese output. Global production was also up 5.1% versus the same period last year, according to World Steel Association (worldsteel) data. September’s output gained marginal ground when compared to August, up just 0.7%, but expanding for the second consecutive […]

Global crude steel production was estimated at 151.7 million metric tons in September as steelmakers around the globe increased output by 7.3 million metric tons, or 5.1%, from the same period last year, the World Steel Association (worldsteel) reported. Last month’s estimated production was also up sequentially, edging up by just 0.7%, or 1.1 million […]

World crude steel production recovered slightly month-on-moth (MoM) in August but remained down roughly 4% versus the same period last year. August’s output gained marginal grown when compared to July, up 0.9%, recovering for the first time in three months, according to World Steel Association (worldsteel) data. Global output was estimated at 150.6 million metric […]

Global crude steel production was estimated at 150.6 million metric tons in August as steelmakers around the world cut back on output by 6.2 million metric tons, or 4%, from the same period last year, the World Steel Association (worldsteel) reported. Last month’s estimated production was up sequentially, though, edging up by 0.9%, or 1.3 […]

World crude steel production tumbled in July, down 11.1% versus the same period last year. July’s output was also down 5.6% when compared to June, declining for the second straight month, but just the third time this year, according to World Steel Association (worldsteel) data. Global output was estimated at 149.3 million metric tons in […]

Global crude steel production was estimated at 149.3 million metric tons in July as steelmakers around the world cut back on output by 9.7 million metric tons, or 6.5%, from the same period last year, the World Steel Association (worldsteel) reported. Last month’s estimated production was also down sequentially, shrinking by 5.6%, or 8.8 million […]

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 […]

World crude steel production tumbled in June, down 5.9% versus the same period last year. Last month’s output was also down 6.7% when compared to May, declining for just the second time this year, according to World Steel Association (worldsteel) data. Global output was estimated at 158.1 million metric tons in June. Steelmakers around the […]

World crude steel production rose in May, gaining ground for a third consecutive month and reaching its second-highest mark on record. Global output was estimated at 169.5 million metric tons in May. Steelmakers around the world increased production by an estimated 6.8 million metric tons, or 4.2%, from April, according to World Steel Association (worldsteel) data. […]

Global crude steel production was estimated at 169.5 million metric tons in May as steelmakers around the world expanded output by 6.8 million metric tons, or 4.2%, from the prior month, the World Steel Association (worldsteel) reported. Since reaching an all-time high of 174.4 million metric tons last May, global steel output had steadily waned […]