US hot-rolled coil index stable as mills try to set mid-$20s/cwt floor
US hot-rolled coil prices remain modestly below $25 per hundredweight as mills seek to keep them from falling into loss-making territory amid a steep drop in demand. |
ArcelorMittal Kryvyi Rih's Q1 steel output down 7% on Covid-19 effects
ArcelorMittal Kryvyi Rih's Q1 steel output down 7% on Covid-19 effects. |
AISI: US Last Week's Raw Steel Production
In the week ending on April 11, 2020, US domestic raw steel production was 1,256,000 net tons while the capability utilization rate was 56.1 percent. |
US February Steel Shipments Up 0.4% From February 2019
The American Iron and Steel Institute (AISI) reported that for the month of February 2020, U.S. steel mills shipped 7,771,656 net tons. |
AISI Releases March SIMA Imports Data
American Iron and Steel Institute (AISI) reported that steel import permit applications for the month of March totaled 2,323,000 net tons (NT). |
Water resource research projects gain national recognition
Shanxi University (SXU)'s Key Technology Research and Development and Demonstration of Taiyuan's Efficient Water Saving and Unconventional Water Resources Utilization Project recently gained national recognition, according to SXU officials. |
China's steel output, inventory fall in March
China's steel output and inventory both fell in March, according to data from the China Iron and Steel Association. |
Japan’s April-June steel output projected to tumble
Japanese crude steel output is forecast to tumble in the April-June quarter because of a sharp fall in manufacturing demand for steel products affected by the Covid-19 pandemic. |
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