In August, the largest steel import permit applications were for Canada (587,000 NT, up 8% from July final), Mexico (479,000 NT, up 4%), South Korea (202,000 NT, down 28%), Brazil (107,000 NT, down 58%) and Vietnam (107,000 NT, up 110%).

AISI reported that for the month of July 2022, U.S. steel mills shipped 7,676,083 net tons, a 7.3 percent decrease from the 8,278,863 net tons shipped in July 2021.

US domestic raw steel production was 1,723,000 net tons while the capability utilization rate was 78.2 percent.

World crude steel production for the 64 countries reporting to the World Steel Association (worldsteel) was 149.3 million tonnes (Mt) in July 2022, a 6.5% decrease compared to July 2021.

Output of pig iron in China in July 2022 down 3.6% YoY.

Output of crude steel in China in July 2022 down 6.4% YoY.

Output of steel in China in July 2022 down 5.2% YoY.

No Change YTD in 2022 from Same Period in 2021