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Production & Shipments
Developments that could increase or decrease steel production and shipments around the world.
Latest News
U. S. Steel Idles Ohio, Texas Tube Mills
24 March 2020 - United States Steel Corporation has informed workers that will indefinitely idle its seamless tube plant in Lorain, Ohio, as well as its Lone Star tubular operations in Texas, reports The (Elyria, Ohio) Chronicle-Telegram newspaper.
ArcelorMittal, Gerdau Idling Some North American Assets
24 March 2020 - Some North American producers have announced production curtailments following word that automakers would temporarily halt production lines amidst the spread of the coronavirus.
February Sees Crude Steel Output Increase
23 March 2020 - Global crude steel production rose 3.1% in February 2020 to approximately 143.7 million metric tons, according to the World Steel Association.
Report: Excess Steel Inventory Poses Major Challenge to Chinese Producers
23 March 2020 - China’s steel market will have to confront a crushing tidal wave of steel that is sitting in inventory and likely to put tremendous pressure on prices this spring, reports commodities news and pricing service S&P Global Platts.
Coronavirus Prompts ArcelorMittal to Reduce European Production
19 March 2020 - ArcelorMittal is reducing production in Europe due to impacts from the coronavirus, the company said Thursday.
U.S. Steel Production So Far Unaffected by Virus, Mills Say
16 March 2020 - At least as of the end of last week, the coronavirus pandemic hadn’t yet impacted U.S. steel production, mill operators told S&P Global Platts.
Danieli Receives Acceptance Certificate for New Micro-Mill
06 March 2020 - Nucor Corp. has signed a provisional acceptance certificate for its new micro-mill in Missouri, reports the mill’s equipment manufacturer.
Nucor, JFE Steel Initiate Trial Production at New Galvanizing Facility
05 March 2020 - Nucor Corp. and joint venture partner JFE Steel Corp. have started up their hot-dip sheet galvanizing facility in central Mexico, Nucor announced Thursday.
Japanese Steelmakers Tell China to Bring Production in Line With Demand
27 February 2020 - The chairman of the Japan Iron and Steel Federation has called on Chinese steelmakers to curtail steel production as steel inventories build due to the coronavirus outbreak.
Cleveland-Cliffs Expects March Close for AK Steel Acquisition
21 February 2020 - Cleveland-Cliffs’ planned acquisition of AK Steel Corp. has received approval from North American regulators and is expected to close in March, the company has announced.
JFE Steel to Idle Some Plate Mills in Japan
18 February 2020 - Citing falling demand and slowing growth, JFE Steel has announced plans to idle parts of its plate-making operations in Japan, the Jiji Press news service reports.
Survey: Coronavirus Pushes Chinese Mills to Consider Curtailments
18 February 2020 - Market impacts from the coronavirus outbreak have prompted roughly one-third of Chinese steel producers to consider production curtailments, according to a survey published by commodities news and price reporting service S&P Global Platts.
Coronavirus Spread Slows Chinese Steel Industry
10 February 2020 - The coronavirus outbreak in China is tamping down steel demand and prompting producers to move up maintenance outages, reports Chinese business and financial new service Caixin Global.
The World Produced More Steel Than Ever in 2019. Here's How Much.
28 January 2020 - Worldwide crude steel production rose 3.4% in 2019 to nearly 1.87 billion metric tons, according to preliminary data from the World Steel Association.
Gerdau to Halt Melting, Rolling Operations at Michigan Mill
27 January 2020 - Gerdau Special Steel North America will idle the meltshop and rolling mill at its Jackson, Mich., USA, plant this April and shift production to two other facilities, the company has announced.
Russian Galvanizing Line Reaches Production Milestone in 2019
27 January 2020 - A new hot-dip galvanizing line at Russia’s Magnitogorsk Iron and Steel Works is nearing its nameplate capacity of 360,000 metric tons annually, the company reports.
Shougang Jingtang Runs First Coils on New Galvanizing Line
23 January 2020 - China’s Shougang Jingtang has started up a new 360,000-ton hot-dip galvanizing line that is designed to coat high-strength automotive steels, according to equipment manufacturer SMS group.
China Pledges No New Capacity in 2020
16 January 2020 - China is reiterating a promise that new steel capacity will be strictly prohibited in the year ahead, reports the country’s state-run news agency.
ArcelorMittal Blast Furnace to Return to Service, But Other Outages Planned
10 January 2020 - ArcelorMittal intends to put an idled blast furnace back into service at its Gijón plant in northern Spain, but will halt other production lines this quarter in order to cope with lower demand, reports Kallanish Steel.
Chinese Steelmaker Could Become the World’s Largest Producer
06 January 2020 - China Baowu Steel Group could potentially surpass ArcelorMittal as the world’s largest steelmaker if it completes a deal to take a controlling stake in Chongqing Iron and Steel.
