Global insight

Crude steel production in the United States increased by 0.5% in the last week of January

According to the American Iron and Steel Association (AISI), the last week of January (as of 30 January 2021), the US crude steel production is estimated at 1.725 million short tons (1.5649 million tons), down 9.5% from 1.906 million tons in the same period la...

Wednesday, February 3, 2021

Russian ferrous raw material supply tightens in 2020

Russian integrated steel producers NLMK, Severstal and MMK increased raw material production in 2020.

Wednesday, February 3, 2021

Polish coal supply tightens as imports fall

Weak Polish thermal coal imports early in 2021 could tighten availability of fine grades, which until recently were oversupplied in the country.

Wednesday, February 3, 2021

US HRC: Prices flat for first time since August

The Argus weekly domestic US HRC index was flat at $1,200/st ex-works Midwest last week. Lead times fell to 7-8 weeks from 8-9 weeks.

Wednesday, February 3, 2021

U.S. steel imports fell 21.2% year on year in 2020

According to preliminary data released by the U.S. Census Bureau, U.S. steel imports fell 21.2%t to 22.019 million tons in 2020 from a year earlier.

Tuesday, February 2, 2021

The state-owned assets supervision and Administration Commission of Yunnan Province plans to transfer its 90% equity of Kunming Iron and Steel Co., Ltd. to China Baowu for free

The state-owned assets supervision and Administration Commission of Yunnan Province plans to transfer its 90% equity of Kunming Iron and Steel Co., Ltd. to China Baowu for free.

Tuesday, February 2, 2021

Chinese company ships iron ore from Sierra Leone's Tonkolili mine

The first shipment of iron ore from Sierra Leone's New Tonkolili Iron Ore Project set sail for China from the country's Pepel Port on Friday.

Tuesday, February 2, 2021

Japan’s coking coal imports rise in December

Japan's coking coal imports rose in December to an eight-month high on increased shipments from Indonesia, underpinned by the strong recovery of Japan's steel industry.

Tuesday, February 2, 2021
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