Posts Tagged: ‘steel production increases’

July Global Steel Production Drops Less than Seasonally Normal as Chinese Output Remains Robust

August 20, 2013 Posted by Steel Market Intelligence

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July global steel production declined 2.2% to 4.269 million tonnes per day (tpd), less than the normal seasonal drop of 3.5%, mainly due to persistent overproduction from China…

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Advance/Decliner Index Remains High with Weaker China

August 7, 2013 Posted by Steel Market Intelligence

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Our Advance/Decliner Index declined slightly this week as news of a 2.3% rebound in Chinese steel production in mid-July and a 1.9% drop in iron ore prices put downward…

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Chinese Steel Production Flash – Mid-July Output Rebounds on Rising Prices

July 31, 2013 Posted by Steel Market Intelligence

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Chinese steel production estimated by the China Iron & Steel Association (CISA) rose 2.3% to 2.13 million tonnes per day (mtpd) in mid-July, after posting a surprising 4.5% drop…

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Advance/Decliner Index Highest Since January; Chinese Pricing Strength Continues – For Now

July 30, 2013 Posted by Steel Market Intelligence

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Our Advance/Decliner Index rose to the highest level since early January. The increase was driven by our Ex-China Index rising as more price increases were announced in…

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Global Steel Production Stable in June; Chinese Output Nominally Down

July 23, 2013 Posted by Steel Market Intelligence

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June global steel production came in unchanged from May at 4.39 million tonnes per day (mtpd), bucking the normal 1.4% seasonal increase, as a 0.3% decline in China was…

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Advance/Decliner Index Rises to Six-Month High

July 15, 2013 Posted by Steel Market Intelligence

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Our Advance/Decliner Index rose to a six-month high as rising iron ore prices (two-month high) continue to drive improving sentiment despite bearish news on China’s growth.…

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First Half Chinese Steel Production Surges Nearly 10% – Exports Up 18%

July 15, 2013 Posted by Steel Market Intelligence

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June Chinese steel exports rose 1.2% to 4.16 million tonnes (mt) from 4.11 mt in May as a nominal 0.3% decline in production swamped a…

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Global Steel Production Sideways in May; Capacity Utilization Falls Below 80%

June 20, 2013 Posted by Steel Market Intelligence

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May global steel production fell by a normal seasonal 0.2% from April to 4.397 million tonnes per day,  but rose 2.6% from the year-ago level. The y-o-y growth was due to…

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April Global Steel Production Rises as China Surges While Rest of World Drops

May 21, 2013 Posted by Steel Market Intelligence

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April global steel production rose by 1.5% from March to 4.4 million tonnes per day (mtpd) and gained 1.2% from the year-ago level driven by…

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April Chinese Steel Exports Hit New Post-Recession High

May 8, 2013 Posted by Steel Market Intelligence

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With estimated late April Chinese production hitting yet another new all-time high following production records that were set during 1Q, Chinese overcapacity has driven…

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