Nerds of Steel - The Steel Industry Blog

US flat products imports rise 34% in April

Jessica Wagner — Mon, 14 May 2012 10:32:49 +0000

Based on reported import licenses, US flat products imports rose 34% from 660,000 short tons in March to 887,000 tons in April. This is the highest level of flat products imports since we started collecting data in September 2008. The climb was driven by a 75% or 207,000-ton rise in hot rolled imports, with significant [...]

World apparent steel use revised downward in April 2012 Short Range Outlook

Jessica Wagner — Wed, 09 May 2012 02:37:08 +0000

worldsteel‘s forecast for growth in world apparent steel use in 2012 was revised downward from 5.4% in October 2011′s Short Range Outlook to 3.6% in April 2012′s Short Range Outlook published recently. Driving the change in the forecast is worldsteel’s estimate that China’s steel use will grow by 4.0% in 2012 instead of by 6%. [...]

Record world crude steel production in March

James Moss — Thu, 26 Apr 2012 18:43:20 +0000

Oh yes it was. Worldsteel published the latest global crude steel production statistics last week and the monthly output for March in total and on a daily basis was a record 132.2 million metric tonnes and 4.3 million metric tonnes respectively. China alone produced 61.6MT in the month, more than all but about 3 countries [...]

US long products imports rise 25% in March

Jessica Wagner — Mon, 23 Apr 2012 11:36:47 +0000

Based on reported import licenses, US long products imports rose 25% from 313,000 short tons in February to 385,000 tons in March. In comparison, long products imports in February in 2011 were 196,000 tons, in 2010 206,000 tons, in 2009 115,000 tons, and in 2008 330,000 tons. The overall climb was driven by a 54,000-ton [...]

US flat products imports decline 8% in March

Jessica Wagner — Sun, 15 Apr 2012 13:16:58 +0000

Based on reported import licenses, US flat products imports fell 8% from 720,000 short tons in February to 663,000 tons in March. In comparison, March flat products imports in 2011 were 621,000 tons and in 2010 they were 640,000 tons. Hot rolled imports fell by 64,000 tons, mainly due to lower imports from Korea and [...]

World crude steel production down 2.5% in February

Jessica Wagner — Thu, 22 Mar 2012 13:00:45 +0000

worldsteel published February 2012′s world crude steel production on Tuesday. For the 59 countries reporting to worldsteel, production dropped by 2.5% between January and February to 119 million metric tonnes. In comparison, February 2011 world crude steel production for these countries was 117 million tonnes. Crude steel production in China dropped by 850,000 tonnes in [...]

US long products imports fall 8% in February

Jessica Wagner — Tue, 20 Mar 2012 13:18:11 +0000

Based on reported import licenses, US long products imports declined 8% from 295,000 short tons in January to 273,000 tons in February. In comparison, February long products imports in 2011 were 196,000 tons and in 2010 they were 206,000 tons. After a strong rise in January, rebar imports dropped by 43,000 tons mainly due to [...]

US flat products imports up 2% in February

Jessica Wagner — Mon, 12 Mar 2012 12:43:19 +0000

Based on reported import licenses and after a 31% rise in January, US flat products imports rose 2% from 705,000 short tons in January to 720,000 tons in February. In comparison, February flat products imports in 2011 were 440,000 tons and in 2010 they were 444,000 tons. While hot dip galvanized imports rose by 47,000 [...]

World crude steel production up 2% January 2012

Jessica Wagner — Wed, 29 Feb 2012 17:45:26 +0000

worldsteel published January 2012′s world crude steel production last Tuesday. World production increased by 1.8% between December and January to 118 million metric tonnes. A number of countries increased production by between 200,000 and 350,000 tonnes in January including France, Germany, Italy, Spain, the US and Japan. Counteracting this were production declines in the Africa/Middle [...]

US flat products imports increase 31% in January

Jessica Wagner — Sun, 26 Feb 2012 14:45:51 +0000

Based on reported import licenses, US flat products imports rose 31% from 542,000 short tons in December to 708,000 tons in January. In comparison, January flat products imports in 2011 were 534,000 tons. Cut plate, hot rolled and and cold rolled imports each rose by just over 50,000 tons while hot dip galvanized imports rose [...]