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Production & Shipments
Developments that could increase or decrease steel production and shipments around the world.
Latest News
EUROFER: Weak Confidence, Cash and Credit Issues Backfire on EU Steel Demand
16 July 2012 - EUROFER’s third quarter 2012 steel market outlook signals that market fundamentals may remain depressed longer than expected. Only from the second quarter of 2013 onwards is EU steel demand forecast to improve again, the European Steel Association (EUROFER) said this week.
NLMK Temporarily Reducing Pig Iron Production
06 July 2012 - NLMK announced it is idling the No. 2 blast furnace at its Lipetsk plant for a period of 60 days beginning today due to a deterioration in demand for pig iron in Russia and abroad.
Tata Steel to Assess Market Demand Before Relighting Port Talbot Furnace
26 June 2012 - Tata Steel said it may delay relighting the No. 4 blast furnace at Port Talbot, Wales, if market demand towards the end of the year does not justify immediate production.
Rio Tinto Takes Next Steps in its Iron Ore Development Plans
21 June 2012 - Rio Tinto is taking the next steps in its phased investment program by committing US$4.2 billion to develop its tier one iron ore business.
World Steel Association Reports Global Output 0.7% Higher Year-on-Year in May
20 June 2012 - World crude steel production for the 62 countries reporting to the World Steel Association was 131 million tonnes in May 2012, an increase of 0.7% compared to May 2011.
ArcelorMittal to Idle Another Two European BFs
20 June 2012 - ArcelorMittal will idle two European blast furnaces in the third quarter to perform furnace relines.
American Iron and Steel Institute Releases 2011 Annual Statistical Report
15 June 2012 - The American Iron and Steel Institute announced the release of its 2011 Annual Statistical Report, which provides statistical data for the United States steel industry plus a variety of selected statistical data on the Canadian, Mexican and world steel industries.
World Stainless Production Shrank Slightly in First Quarter
14 June 2012 - The International Stainless Steel Forum (ISSF) released preliminary data showing that stainless steel production shrank by 2.8% in the first three months of 2012. Total production was 8.6 million tonnes for the quarter, down from 8.8 million tonnes in the corresponding period of 2011. All areas showed a decrease in production in the year-on-year comparison.
India’s Stainless Consumption Expected to Hit 3.4 Million Tons by 2015
07 June 2012 - It is expected that India’s stainless steel consumption will rise at a compounded annual growth rate of 9.7% to hit 3.4 million tons by 2015, exceeding the global consumption growth rate of 6% to 34.12 million tons.
NDRC Issues Operating Results for Chinese Steel Industry, January to April
07 June 2012 - According to China National Development and Reform Commission, in April this year China overall output of crude steel increased by 2.6% YoY, with the growth rate down 4.5 percentage points as compared with April 2011. In the same month, China finished steel output increased by 7.9% YoY, with the growth rate down 0.4 percentage points YoY.
World Steel Association Publishes 2012 Edition of World Steel in Figures
03 June 2012 - The World Steel Association (worldsteel) has published the 2012 edition of World Steel in Figures. The book contains comprehensive information on crude steel production, apparent steel use, pig iron production, steel trade, iron ore production and trade, and scrap trade.
April World Crude Steel Production up 1.2% vs. April 2011
22 May 2012 - World crude steel production for the 62 countries reporting to the World Steel Association stood at 128.38 million tonnes for April 2012, 1.2% higher in comparison with April 2011 and 2.9% lower than the previous month, March 2012.
March Steel Shipments up 1.3% from February
17 May 2012 - U.S. steel mills shipped 8,512,825 net tons for the month of March 2012, a 1.3% increase from the 8,407,343 net tons shipped in the previous month according to the latest release from AISI.
Service Center Shipments Show Small Bounce Back in April
16 May 2012 - April service center shipments of aluminum and steel were up slightly in both the U.S. and Canada, an improvement from the year-over-year declines seen in March, according to the latest report from the Metals Service Center Institute.
worldsteel Releases Short Range Outlook
01 May 2012 - The World Steel Association (worldsteel) released its April 2012 Short Range Outlook (SRO) for 2012 and 2013, forecasting that global apparent steel use will increase by 3.6% to 1,422 million tonnes in 2012, following growth of 5.6% in 2011. In 2013, world steel demand is forecast to grow an additional 4.5% to around 1,486 million tonnes.
World Steel Association Reports March 2012 Crude Steel Production
23 April 2012 - Crude steel production for the 62 countries reporting to the World Steel Association was 132 million tonnes (Mt) in March 2012, an increase of 1.8% compared to March 2011. Production for the first quarter of 2012 was 377 Mt, 1.1% higher than the first quarter of 2011.
February Steel Shipments Down 1.1% from January
18 April 2012 - U.S. steel mills shipped 8,407,343 net tons for the month of February 2012, a 1.1% decrease from the 8,497,932 net tons shipped in the previous month, according to the latest release from AISI.
Metals Service Center Growth Levels Off in March
18 April 2012 - March service center shipments of aluminum and steel were only slightly changed in both the United States and Canada, with inventory positions also remaining nearly constant in both countries, according the latest report from the Metals Service Center Institute.
Global Stainless Production Reaches New Record in 2011
22 March 2012 - World crude steel production grew by 3.3% in 2011, reaching a total of 32.1 million tonnes according to the latest report from the International Stainless Steel Forum (ISSF). The 2011 total represents a new stainless steel production record for a single year.
February World Crude Steel Production Up 1.9% vs. February 2011
21 March 2012 - World crude steel production for the 59 countries reporting to the World Steel Association stood at 119.2 million tonnes for February 2012, 1.9% higher in comparison with February 2011 and 2.1% higher than the previous month, January 2012.
