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 Steel Production

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updated Thu. April 26, 2018

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On a year-over-year (or YoY) basis, the imports fell 2.1%. The sequential increase in imports looks to be mainly due to seasonality. In December, US steel production, as well as demand, tends to be slow amid a seasonal slowdown in demand. For 2017, US imports came in at 38.1 million tons, up 15.4% ...
Steel production was vast - while today a pundit reported this week 130,000 Steel plant workers is sufficient to furnish that amount of steel and Aluminum where we remain competitive with foreign imports.Consider logistics, our nearest market offshore is 3000 miles distant, (freight becomes a deterrent to ...
Great Lakes steel production rose to 655,000 tons last week, a 3.47 percent increase as compared to the previous week. steel mills in the Great Lakes region made 633,000 tons of metal the previous week, according to the American Iron and Steel Institute. Most of the steel made in the Great Lakes region ...
In recent years, foreign countries have developed a much greater steel production capacity than the U.S. "On an average month, China produces nearly as much steel as the U.S. does in a year," a press release accompanying the report explained. What's not mentioned in the report is that Ross, whose net ...
Shares of U.S. Steel jumped 3.9 percent before the bell while AK Steel surged nearly 8 percent. On Wednesday night, The Washington Post reported that the White House was planning to make an announcement on steel and aluminum imports. Dow Jones and Reuters later reported that executives from ...
World crude steel production for the 64 countries reporting to the World steel Association (worldsteel) was 139.4 million tonnes (Mt) in January 2018, a 0.8% increase compared to January 2017. China's* crude steel production for January 2018 was 67.0 Mt, a decrease of 0.9% compared to January 2017.
Saudi Aramco recently signed an agreement with Nippon Steel and Sumitomo Metal Corporation (NSSMC), Sumitomo Corporation, and Sumitomo Corporation Saudi Arabia to conduct a feasibility study for an integrated steel mill to produce steel plates in the Ras Al Khair area. The memorandum of ...
A bar of steel makes its way through the 80-inch hot strip mill at AcerlorMittal Indiana Harbor on its way to becoming a coil of steel. Steel production dropped by 22,000 tons in the Great Lakes region last week. John J. Watkins, The Times. Facebook · Twitter · Email; Print; Save. Great Lakes Steel production ...
24 was up 0.7% compared with the same week in 2017. Production for the week amounted to 1,783,000 net tons for a capacity utilization rate of 76.5%. Production for the week ending Feb. 24 was up 1.8% from the previous week. In the year to date, however, raw steel production is down 1.6% compared ...
Handan, a major steel-producing city in north China's Hebei province, will step up its steelmaking curbs by cutting production by 50-55% until the end of March, according to an official notice from its local government late on Monday February 26. The city, which is among 28 in the country's northern region ...
The United States made an estimated 6.8 million tons of steel in January, a 2.2 percent year-over-year decline, according to the World Steel Association. Overall, the 64 steelmaking countries that report to the Brussels-based trade association, which represents more than 160 steelmakers across the globe, ...
The move could spark a trade war with major implications for steelmakers and the economy. Here's a look at the numbers behind the global steel industry: 1.7 billion metric tonnes. When it comes to steel production, one country is miles ahead of the pack: China. It accounted for a whopping 49% of the 1.7 ...
Alacero - Santiago, Chile, February 22th, 2018. The figures of production, consumption and trade market during 2017, closed with increases compared to the previous year, reflecting the recovery of the Latin American steel industry. The steel consumption rose 4% and the steel crude and finished ...

The commerce Department reasons that each of the proposed remedies would boost U.S. Steel Production from its present 73 percent of capacity to an approximately 80 percent operating rate, which it contends is the minimum rate needed for the steel industry's long-term viability. Moreover, the agency ...
In the week ending on February 17, 2018, domestic raw Steel Production was 1,751,000 net tons while the capability utilization rate was 75.1 percent. Production was 1,770,000 net tons in the week ending February 17, 2017 while the capability utilization then was 75.9 percent. The current week production ...
The revival of Steel Production in mature markets does not need to be all about state aid and protection. Although some would argue the steel industry in the U.K. would not be in the condition it is now if it had state aid and protection in previous decades. But years of underinvestment by corporate owners ...
Under Chief Executive Heinrich Hiesinger, Thyssenkrupp has been divesting from its historical business of Steel Production and pivoting toward higher-margin capital-goods manufacturing, but a recent recovery in steel prices has made the traditional industry far more profitable. Adjusted earnings before ...
The associations said that their member companies employed more than one million Americans, compared with just 80,000 jobs in basic Steel Production. "Restrictions on basic steel imports will actually adversely impact national security, the economy and the steel industry itself, because it will undermine ...
In my home state, Steel Production plunged by 7 percent last year. Worse still, the impact is not limited to Indiana. The entire U.S. steel industry faces an existential crisis as it struggles to respond to imports and global overcapacity driven by foreign government subsidization. A flood of imports from Vietnam, ...
Kolkata: India's finished Steel Production during April to January period of the current financial year (2017-18) rose by 5.3 per cent to 88.592 million tonnes (mt) ... "During April- January 2017-18, crude Steel Production was 84.42 mt, a growth of 4.2 per cent over same period of last year," the report said.
Despite the threat posed by an extension of Steel Production curbs, iron ore futures in Dalian rallied, closing up 1.1% at 513.5 yuan a tonne. "I think it was just a technical recovery," an iron ore trader in Shanghai told Reuters. "We should see prices under pressure again as we're getting close to the holidays ...
South Asia: Increasingly large-scale scrap importer Pakistan is the world's fastest-growing steel producer, according to latest statistics from the World Steel Association. Having upped its crude steel output from 2.9 million tonnes in 2015 to 3.6 million tonnes in the ensuing year, production skyrocketed a ...
Beijing (Reuters) - China's top steelmaking province Hebei denied news reports that it will extend Steel Production curbs imposed for the winter season, the provincial government said on Thursday in a statement on its Weibo account. "Hebei's provincial government and air pollution administrative bureau ...
The shift came after Hebei made efforts to cut iron and Steel Production capacity for structural economic transformation as well as pollution control. From 2013 to 2017, the province overshot its five-year target and cut production capacity of steel and iron by 70 million and 64 million tonnes, respectively.
The World steel Association found the United States ranked fourth internationally in Steel Production last year. Viktor Macha. facebook · twitter · email; Print; Save ... Chinese Steel Production grew by 5.7 percent, according to the World Steel Association. China made 49.2 percent of the world's steel last ...
After South African Steel Production fell by 7.6% year on year in the first half of 2015 to 3.2-million tonnes, as the industry battled with electricity-supply disruptions and subdued domestic demand, it has been on a recovery path. This was evident in the second half of 2017 when production in December ...
ArcelorMittal Burns harbor steel mill is shown. Great Lakes Steel Production totalled 648,000 tons last week. Joseph S. Pete, The Times · facebook · twitter · email; Print; Save. Great Lakes Steel Production dropped to 648,000 tons last week, a 1.21 percent decrease. Steel mills in The Great Lakes region ...
Argentina's crude Steel Production increased by 12.10% year-on-year in 2017, according to figures from national steel association Acero Argentino. Production reached 4.62 million tonnes last year, up from 4.13 million tonnes a year before, Acero Argentino said on Tuesday January 23. "Public works ...
Alacero estimated that in December, regional finished Steel Production came to 4.5 million mt, a 20% year on year increase and similar to November, and ... For 2017, it estimated finished Steel Production of 53.1 million mt, up 5% versus January-December 2016 (50.8 million mt), and crude steel volume of ...
Between 2000 and 2015, China's Steel Production increased by 550 percent to 803 million tons a year. That boom accounted for nearly 90 percent of total growth for the entire world's Steel Production, according to EPI. China now produces about half of all the world's steel. This race to the bottom has ...
Iran Daily reported that Iran produced 21.7 million tonnes of crude steel last year, indicating a rise of 21 percent compared to the figure for 2016, which was 17.9 million tonnes. According to figures released by World Steel Association, China topped the list of crude steel producers in 2017 with 831.7 million ...
Among the 66 studied countries by the international association, Iran is named as the 14th producer of steel across the globe, the same report confirmed. It is predicted that the country will reach the 13th place in 2018 in Steel Production. China is currently the major producer of steel in the world with annual ...
The blast furnace sculpture in downtown Gary, across from the Gary Works steel mill. U.S. steel output grew by 58,000 tons last week. Joseph S. Pete, The Times · facebook · twitter · email; Print; Save. Great Lakes Steel Production shot up to 656,000 tons last week, a 2.5 percent increase. Steel mills in the ...
A worker at ArcelorMittal uses a tricycle to ride around the plant in Burns harbor in 2011. Steel Production jumped locally in the first week of 2018. Times File Photo. facebook · twitter · email; Print; Save. Great Lakes Steel Production rose to 640,000 tons during the first week of 2018, a 7.7 percent jump.
In the first 11 months of 2017, crude Steel Production went up 5.7 percent year on year to 764.8 million tonnes, according to the NDRC. The rising output came against the backdrop of the governments persistent efforts to cut overcapacity in the bloated sector. Last year, China accomplished its plans to slash ...
The company said Tata steel Kalinganagar successfully ramped-up to 100 percent capacity utilisation for the commercial saleable Steel Production. Tata Steel said it has achieved highest ever quarterly sales in automotive and special products segment with a growth of 6 percent QoQ and 26 percent YoY.
Which explains why China is increasingly looking to reduce its disastrous pollution levels by curbing Steel Production. Less Steel Production in China is expected to translate into reduced steel exports. That, in turn, will support pricing power at the U.S. steel mills. U.S. Steel and AK Steel rallied dramatically ...
China will continue to "unswervingly" cut existing Steel Production capacity and "strictly" ban the launch of any new steelmaking facilities in 2018, the Ministry of Industry and information technology said in a statement late on Wednesday. "We will strictly forbid any new steel capacity to be launched … and ...
In the first 11 months of 2017, crude Steel Production went up 5.7 percent year on year to 764.8 million tonnes, according to the NDRC. The rising output came against the backdrop of the government's persistent efforts to cut overcapacity in the bloated sector. Last year, China accomplished its plans to slash ...
The impact of lower Steel Production on iron ore is expected to be two-way. In the near-term, the iron ore prices might come under pressure due to low demand. However, in the medium term, when the curbs are lifted, the pent-up demand from Chinese steel mills is expected to benefit these prices.
The World steel Association (or WSA) released the global Steel Production data last week. According to WSA, global Steel Production stood at 136.3 million metric tons in November 2017--a 3.7% YoY (year-over-year) rise. In the first 11 months of 2017, global Steel Production has risen 5.4% from the ...
A view from the control room shows a bar of steel making its way through the 80" hot strip mill at ArcelorMittal Indiana harbor on its way to becoming a coil of steel. John J. Watkins, The Times. facebook · twitter · email; Print; Save. Great Lakes Steel Production rose to 639,000 tons last week, an increase of ...
Turkey's crude Steel Production surged 12.7 percent to 34.2 million tons in the first 11 months of 2017, compared to the same period of 2016, the World steel Association (worldsteel) said on Dec. 20. In November, the country's crude Steel Production also rose 7 percent to 3.1 million tons year-on-year, ...
A bar of steel makes its way through the 80" hot strip mill on its way to becoming a coil of steel. John J. Watkins, The Times. facebook · twitter · email; Print; Save. Great Lakes Steel Production rose to 628,000 tons last week, an increase of 3.45 percent. Steel mills in The Great Lakes region made 607,000 ...
Domestic Steel Production is essential for national security applications. Statutory provisions illustrate that Congress believes domestic production capability is essential for defense requirements and critical infrastructure needs, and ultimately to the national security of the United States. U.S. government ...
This morning in metals news, U.S. raw Steel Production in the year to date is down 1.9%, South Korea announced it would consider going to the World Trade Organization (WTO) if the Trump Administration goes with through with steel tariffs and copper prices slide as the U.S. dollar continues its recovery ...


 

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