Production & Shipments
Developments that could increase or decrease steel production and shipments around the world.
Latest News
World Crude Steel Output Down 0.8% in January
20 February 2013 - World crude steel production for the 62 countries reporting to the World Steel Association (worldsteel) was 125 million tonnes in January 2013, a slight increase of 0.8% compared to January 2012.
Report: Better Times on the Horizon for Steelmakers Who Survive 2013
05 February 2013 - The latest global steel report from Ernst & Young says excess steelmaking capacity globally will remain the biggest issue for the sector this year. It also questions the assumption that vertical integration in the sector adds value.
AISI: U.S. Steel Shipments Up 5.6% in First 11 Months of 2012
23 January 2013 - The American Iron and Steel Institute (AISI) reported that steel shipments from January through November 2012 were 88,465,543 tons, a 5.6% increase vs. 2011 shipments of 83,779,688 tons for 11 months.
World Crude Steel Output Increased by 1.2% in 2012
22 January 2013 - World crude steel production reached a record 1,548 million tonnes for the year 2012, led by year-on-year growth in Asia and North America while production declined in the EU and South America.
Chinese Iron & Steel Association: Steel Industry Hit by Overcapacity
25 December 2012 - China's steel industry is facing a problem of overcapacity, with steel prices at 1994 levels, a senior official said. "The steel industry is facing an increasingly difficult time, and the surplus capacity is worsening," said Zhang Changfu, secretary-general of the China Iron & Steel Association, China Daily reports.
World Crude Steel Production Rises 5% Year-on-Year
21 December 2012 - World crude steel production for the 62 countries reporting to the World Steel Association (worldsteel) was 122 million tonnes in November 2012, an increase of 5.1% compared to November 2011.
U.S. Steel Shipments Up 2.7% Month-on-Month in October
19 December 2012 - The American Iron and Steel Institute (AISI) reported that for the month of October 2012, U.S. steel mills shipped 7,430,267 tons, a 2.7% increase from the 7,233,375 tons shipped in the previous month, September 2012, and a 6.3% decrease from the 7,933,653 tons shipped in October 2011.
Fitch: Modest Margin Improvement for U.S. Steel Producers in Slow-Growth Environment
12 December 2012 - In its steel outlook published today, '2013 Outlook: U.S. Steel Producers,' Fitch Ratings highlights end-use trends, industry characteristics and producer profiles. Fitch expects further credit and operating improvements for U.S. steel producers in 2013 although downside risks from global overcapacity remains.
Eurozone Weakness to Depress Steel for Another Year
11 December 2012 - Western European steel output is unlikely to recover in 2013 due to depressed demand levels across the eurozone. Steel volumes will probably fall by up to 3%, Fitch Ratings believes, putting pressure on producers' profitability and free cash flow generation.
World Crude Steel Production Slightly Higher in October
20 November 2012 - World crude steel production for the 62 countries reporting to the World Steel Association was 126 million tonnes in October 2012, an increase of 1.3% compared to October 2011.
August U.S. Steel Shipments Up 5% from July
22 October 2012 - The American Iron and Steel Institute reported that for the month of August 2012, U.S. steel mills shipped 8,377,162 tons, a 5.9% increase from the 7,910,486 tons shipped in the previous month, July 2012, and a 0.9% increase from the 8,304,638 tons shipped in August 2011.
September World Crude Steel Production Was Flat Year-on-Year
22 October 2012 - World crude steel production for the 62 countries reporting to the World Steel Association (worldsteel) was 124 million tonnes in September 2012, recording no change compared to September 2011.
Concerns Raised Over Price Volatility and Protectionism at worldsteel Conference
12 October 2012 - Price volatility and fear of increasing barriers to trade were on the minds of speakers and delegates at the annual conference of the World Steel Association that began in New Delhi on Wednesday, Platts reports.
worldsteel Releases Short Range Outlook for Global Apparent Steel Use
12 October 2012 - The World Steel Association forecasts that global apparent steel use will increase by 2.1% in 2012, which is considerably lower than the 6.2% growth achieved in 2011. In 2013, world steel demand will grow by 3.2% and reach a record high of 1,455 million tonnes.
Brisk Demand Makes India a Bright Spot for Global Steelmakers
28 September 2012 - India is emerging as the sole bright spot for global steelmakers as brisk demand coupled with scarcity of raw material looks set to buoy imports by Asia’s third-largest economy in the next two years, bucking a slowdown that has hit even top consumer China, Reuters reports.
August World Crude Steel Production Slightly Lower Year-on-Year
20 September 2012 - World crude steel production for the 62 countries reporting to the World Steel Association was 124 million tonnes in August 2012, a decrease of -1.0% compared to August 2011.
July U.S. Steel Shipments at Lowest Monthly Level So Far This Year
18 September 2012 - The American Iron and Steel Institute reported that for the month of July 2012, U.S. steel mills shipped 7,910,486 tons, a 1.3% decrease from the 8,016,834 tons shipped in the previous month.
EU Stainless Steel Demand Seen Unlikely to Rebound Until 2013
14 September 2012 - European demand for stainless steel is likely to remain weak at least until next year as economic stagnation in the region and tight finance crimp major consumers such as the automotive and construction sectors, market participants told Reuters.
World Steel Association Reports July Crude Steel Production 2% Higher Year-on-Year
21 August 2012 - World crude steel production for the 62 countries reporting to the World Steel Association (worldsteel) was 130 million tonnes in July 2012, an increase of 2.0% compared to July 2011.
worldsteel Reports June 2012 Crude Steel Production 0.1% Lower Year-on-Year
20 July 2012 - World crude steel production for the 62 countries reporting to the World Steel Association (worldsteel) was 128 million tonnes in June 2012, a decrease of -0.1% compared to June 2011.
