Steel Production

Spurred on by the prospect of President Trump's newly imposed tariffs on imported steel and aluminum, lobbying from the steel production industry ticked up 31 percent in the first quarter of 2018 over the same period last year. The tariffs, implemented in March with the purpose of revitalizing the American ...

Germany is by far the biggest customer for Dutch-made steel, buying up about 30% of total domestic production in 2017, the statistics office CBS said on Thursday. Belgium is second with 12% of production, followed by France at 9%, Britain at 8% and the US at 6%. Dutch steel exports to the US were worth ...

Global steel production just hit the highest level on record. According to the World Steel Association (worldsteel), total crude steel production stood at 148.3 million tonnes in March, surpassing the previous record peak of 144.5 million tonnes set in January. Compared to a year earlier, that represented an ...

China's crude steel production for March was 73.98-million tonnes – an increase of 4.5% compared with March 2017. India produced 9.23-million tonnes in March, a 5.3% year-on-year increase, while Japan's production increased by 2.2% year-on-year to 9.08-million tonnes. South Korea reported crude ...

US steel production, which had been stagnant earlier in the year, has gained traction over the last month. In the week ending April 14, US steel production rose 3.7% year-over-year. US steel production is now up 1.4% year-to-date. In the first two months of the year, we saw a yearly decline in US steel ...

Great Lakes steel production rose to 683,000 tons last week, a 3 percent increase as compared to the previous week. Steel mills in the Great Lakes region made 663,000 tons of metal the previous week, according to the American Iron and Steel Institute. Most of the steel made in the Great Lakes region is ...

Great Lakes steel production dropped to 663,000 tons last week, a 1.92 percent decrease as compared to the previous week. Steel mills in the Great Lakes region made 676,000 tons of metal the previous week, according to the American Iron and Steel Institute. Most of the steel made in the Great Lakes ...

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 ...