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Production & Shipments

Developments that could increase or decrease steel production and shipments around the world.

Latest News

Rising Steel Capacity Is Cause for Deep Concern, OECD Says 

01 October 2020 - Despite the severe drop in steel demand caused by the COVID-19 pandemic, global steel capacity is rising and could reach 700 million metric tons in excess of production this year, reports the Organisation for Economic Co-operation and Development steel committee. 

ArcelorMittal to Return Brazilian BF to Service

24 September 2020 - Anticipating an economic recovery, ArcelorMittal Brazil plans to restart a blast furnace at its Tubarão facility next month, reports commodities news and pricing service S&P Global Platts. 

Rising Demand Prompts JFE Blast Furnace Restart

23 September 2020 - Citing recovering demand, Japan’s JFE Steel has restarted the No. 4 blast furnace at its Fukuyama steel works, reports commodities news and pricing service Argus. 

Chinese Steel Production Sets August Record

15 September 2020 - Healthy steel demand lifted China’s August crude steel output to a record 95 million metric tons, reports commodities news and pricing service Argus. 

Nucor Nears Start-Up of Florida Rebar Mill

04 September 2020 - Nucor is closing in on a fourth-quarter start of its Florida micro-mill and has begun training those who will work on the shop floor, reports the The (Lakeland, Fla.) Ledger newspaper. 

voestalpine Announces BF Restart

26 August 2020 - voestalpine will restart the small blast furnace at its plant in Linz next month, saying that a demand has risen to the point to support the action.  

China Steel Output Sets New Record in July

14 August 2020 - China’s crude steel production rose 1.9% in July, reaching a record 93.36 million metric tons, reports commodities news and pricing service Argus. 

ArcelorMittal Reports Q2 Loss, but Sees Demand Starting to Rebound

30 July 2020 - ArcelorMittal lost US$559 million in the second quarter as the COVID-19 pandemic drove down steel demand around the world. 

Improving Demand Prompts Indiana BF Restart 

23 July 2020 - United States Steel Corporation plans to restart the No. 8 blast furnace at its Gary Works in Indiana next month, reports The Times newspaper of northwest Indiana. 

Alacero: Rising Import Levels Cause for Concern 

20 July 2020 - Latin American steel demand fell 30% in April as the COVID-19 pandemic forced the region’s economy into a halt, but there is some indication that a recovery has started, according to Alacero, the Latin American Steel Association. 

Japanese Steelmakers Might Face New Competition from China

13 July 2020 - Toyota has begun buying electrical steel from China Baowu Steel Group, a development that could mark the beginning of era in which Japanese steelmakers will have to compete with their Chinese counterparts on price in addition to quality, reports the Nikkei Asian Review.  

U. S. Steel to Bring Gary Works BF Back Into Service 

01 July 2020 - United States Steel Corporation plans to restart an idled blast furnace on account of rising demand, reports The Times newspaper of northwest Indiana.

China Closes in on Production Milestone

15 June 2020 - Through the first five months of 2020, China’s steel production is on pace to cross the 1-billion-metric-ton threshold this year, reports commodities news and pricing service Argus Media. 

MMK Mill Breaks Monthly Production Record 

15 June 2020 - A PJSC Magnitogorsk Iron and Steel Works sheet mill rolled more than 500,000 metric tons in May and set a new company record in the process. 

China Pulls Further Ahead in Steel Production

11 June 2020 - The novel coronavirus pandemic is helping China widen its lead as the world’s largest steel producer, reports The (London) Financial Times. 

Report: U. S. Steel Restarts Idled Furnace

11 June 2020 - United States Steel Corporation has put the No. 1 blast furnace at its Mon Valley Works back into service, reports commodities news and pricing service Argus Media. 

ArcelorMittal Still is the World's Biggest Steelmaker. For Now.

03 June 2020 - ArcelorMittal remained the world’s biggest steel producer in 2019, but China Baowu Group closed in on the top ranking during the year, according to a new report from the World Steel Association. 

Global Steel Production Declined in April 

28 May 2020 - Global crude steel production fell an estimated 13.5% in April to 136.4 million metric tons, according to new numbers from the World Steel Association. 

Report: China’s Steel Output Up, Inventories Down

26 May 2020 - Output from China Iron and Steel Association member producers rose to 2.08 million metric tons per day in mid-May, the second-highest level in five years, reports commodities news and pricing service Argus.  

AK Steel to Close Parts of Michigan Facility

06 May 2020 - AK Steel will permanently close parts of its Dearborn Works in Michigan this summer, according to reports.

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