NEWS
IRON and STEEL  

World Crude Steel Output Stable in Jan’19

According to the recent data released by World Steel Association (WSA) total crude steel production of 66 steel manufacturing countries inch up by 1% to 146.70 MnT in Jan’19 as compared with 146.64 MnT in Dec’18.

However on yearly basis world steel output increased by 1% in Jan’19 against 145.18 MnT in Jan’18.

SteelMint has analyzed world’s crude steel production numbers of major steel producing countries -

China’s crude steel output inch down by 1% M-o-M in Jan’19- China crude steel output 1% to 75.01 MnT in Jan’19 which was 76.12 MnT in previous month. However on Y-o-Y basis the same rose by 4.3% in Jan’19 against 71.88 MnT in Jan’18.

India's crude steel output up by 2% M-o-M in Jan’19- Indian crude steel output move up by by 2% to 9.18 MnT in Jan’19 which was 9.01 MnT in Dec’18. However on yearly basis the same inch down by 1.9% against 9.35 MnT in Jan’18.

Japan’s crude steel output declined by 4% M-o-M in Jan’19- Japan crude steel output moved down by 4% to 8.14 MnT in Jan’19 which was 8.46 MnT in Dec’18. Meanwhile on Y-o-Y basis nation’s crude steel output fell by 9.8% in comparison to 9.02 MnT in Jan’18.

United States crude steel increased marginally in Jan’19- USA crude steel output stood at 7.64 MnT in Jan’19 up by 2% against 7.48 MnT in Dec’18. However on yearly premise nation’s crude steel output moved up by 11% against 6.89 MnT in Jan'18.

Crude steel production of other top steel producing countries in Jan’19 is as follows Russia:5.79 MnT, South Korea: 6.21 MnT, Brazil: 2.93 MnT, Turkey 2.56 MnT and Germany at 3.41 MnT.

News No: 4011
Date: 2019/03/14 - 13:18
News Source: SteelMint

Crude Steel  WSA  China  Japan  India 

Comments:

Leave a Comment:

   
   
   
 

India: MMTC Floats 15,000 MT Billet Export Tender

MMTC- a leading international trading company in India and one of the major global players in minerals trade has invited tender for export of 15,000 MT Billets (150*150mm).
 

Indian Pellet Export Prices to China Fall in Recent Deals

Inquiries for seaborne pellet cargoes from Chinese mills which remained subdued since almost a month’s time has observed some signs of improvement this week. Indian pellet export prices have fallen in recent deals concluded.
 

Indian HRC Trades Soften Ahead of Festive Holidays; Prices Range Bound

This week Indian HRC trade prices have remained range-bound amid sluggish trades in domestic market. Market participants are in a festive mood since Holi festival is around the corner which has led to dull sentiments in domestic market.
 

India: Vizag Steel Concludes Billet Export Tender to Nepal

Vizag Steel (RINL) - the state owned steel maker under the Ministry of Steel, had invited tender for export of 8,127 MT (equivalent to 3 rakes) Billets to Nepal on 13th Mar'19.
 

India: SAIL Pig Iron Auction Receives Dull Response Despite Reduction in Base Price

Steel Authority of India Ltd (SAIL) - India's govt. owned steel maker conducted e-auction for 9,500 MT steel grade Pig iron today from its Rourkela Steel plant (RSP) based in eastern India.
 

Indian Mills Book Four Rakes of HRC Export to Nepal

SteelMint learned from market participants that Indian HRC export prices to Nepal have remained stable in recent bookings concluded for April end shipments.
Upcoming Events
Publications
 Mines & Metals

Mine & Business Today

 Scrap & Recycling

Ahangan

Our partners