Production & Shipments
Developments that could increase or decrease steel production and shipments around the world.
Latest News
Global Steel Production Down in August
22 September 2015 - Worldwide crude steel production fell 3 percent in August, dropping to 132.2 million metric tons, according to the World Steel Association.
SSI Suspends Production at U.K. Mill, Undertakes Debt Restructuring
21 September 2015 - Thailand's Sahaviriya Steel Industries (SSI) and three main creditors said they will attempt to restructure THB50 billion (US$1.4 billion) in debt to repair the steelmaker’s balance sheet, Reuters reported.
Tata Steel Wins Approval For Mill Expansion
16 September 2015 - India's Environment Ministry has signed off on a Tata Steel project that will more than double the capacity of its Jamshedpur works' cold rolling mill, according to The Hindu Business Line newspaper.
ArcelorMittal Fulfills Order for New Grade of Sheet Piling
14 September 2015 - ArcelorMittal has delivered 3,200 metric tons of a new steel to a Scottish seaport project, its largest shipment yet, the company has announced.
China Records August Increase in Crude Steel Output
14 September 2015 - Despite government-mandated mill shutdowns, China’s crude steel production grew in August, rising 1.7 percent from the previous month, reports BloombergBusiness.
Steelworkers Moving to Block U. S. Steel Production Change
11 September 2015 - The United Steelworkers union said it will try to prevent United States Steel Corporation from shifting some production from its Canadian operations to its American mills.
Iron Ore Miner Reaffirms Estimate of 1B Tons of Chinese Steel Production
03 September 2015 - Chinese steel demand has slowed, but one of the world’s largest iron ore exporters is sticking with projections that the country’s demand will grow to 1 billion tons in the next 15 years.
U. S. Steel Moving 225,000 Tons of Steel Production From Canada to America
02 September 2015 - United States Steel Corporation is shifting a large portion of its automotive steel production away from its Canadian subsidiary, U. S. Steel Canada (USSC), to its American mills, a move that's estimated to cost the ailing Canadian operation more than $200 million in revenue over the next 15 months.
MSCI: July Steel Shipments Fall, Inventories Rise
18 August 2015 - U.S. and Canadian steel shipments declined 7 percent in July, dropping to 3.44 million tons, according to the Metals Service Center Institute.
SAIL Awards Contract For New Strip Mill
07 August 2015 - A consortium that includes Primetals Technologies Ltd. has won a contract to build a large hot rolled strip mill in India, Primetals has announced.
Iran Sees More Steel Production In Its Future
05 August 2015 - Iran is looking to double its steel production over the next 10 years, Mehdi Karbasian, deputy minister of Iran’s Ministry of Industries, Mines & Trade, told BloombergBusiness in an interview.
ArcelorMittal's U.S. Employees Need To Share More Of The Cost of Health Insurance, Company Says
03 August 2015 - Steel giant ArcelorMittal, which is negotiating a new labor deal with the United Steelworkers, said it needs to freeze or cut pay for some employees and require others to contribute more to the cost of their health insurance, according to the Wall Street Journal.
Cliffs Natural Resources Idling Minnesota Taconite Operation
03 August 2015 - Lower orders and higher inventories have prompted Cleveland-based Cliffs Natural Resources to temporarily idle its United Taconite operation in the Minnesota Iron Range.
Worldsteel: World Crude Steel Production Decreases 2.4% Year on Year, U.S. Production Down 8.5% From June 2014
23 July 2015 - World crude steel production for the 65 countries reporting to the World Steel Association (worldsteel) was 136 million tonnes (Mt) in June 2015, a -2.4% decrease compared to June 2014.
MSCI: Shipments Recover Slightly in June
22 July 2015 - The Metal Service Center Institute has reproted that U.S. shipments of steel products decreased only moderately in June and aluminum shipments increased.
MMK Produces 600 Million Tons of Pig Iron
21 July 2015 - OJSC Magnitogorsk Iron and Steel Works ("MMK" or “the Company”) produced its 600,000,000th tonne of pig iron since the blast-furnace’s commissioning in 1932.
JSPL Angul and SMS Group Commission Largest High-Speed Billet Caster in India
20 July 2015 - Jindal Steel and Power Limited (JSPL) and SMS group have successfully commissioned its high-speed eight-strand billet caster at the Angul Odisha, India, plant.
AISI: Weekly Raw Steel Production Ticks Up 3.3% From Prior Week
17 July 2015 - The American Iron and Steel Institute released their weekly U.S. Raw Steel Production statistics for the week ending 11 July.
Tezcan to Produce First Galvalume® Line in Turkey
17 July 2015 - Tezcan Galvanizli Yapi Elemanlari Sanayi Ve Ticaret A.Ş. contracted Danieli Wean United to supply a new galvanizing line dedicated to Al-Zn production and new X-Jet Air Wiping Equipment for existing HDGL to be installed in their facility in Kocaeli, Turkey.
Falcon Steel Boosts Transmission Pole Production
16 July 2015 - Falcon Steel is expanding its in-house transmission pole production capacity to meet increasing demand for steel pole structures in power delivery applications.
