Thai Nov exports drop 6.0% y/y, more than forecast

CHINA COMMERCE MINISTRY SAYS WILL PROVIDE MORE CONVENIENCE FOR FOREIGN BUSINESS PEOPLE TO CONDUCT BUSINESSES IN CHINA

World crude steel production for the 64 countries reporting to the World Steel Association (worldsteel) was 139.1 million tonnes (Mt) in November 2022, a 2.6% decrease compared to November 2021.

Australia's energy transition is expected to broaden in 2023 with Canberra to unveil its electric vehicle (EV) strategy.

Japanese car manufacturer Nissan will start using green steel and aluminium sheet in production from January 2023 as part of the company's decarbonisation drive.

US steelmaker Nucor will build a new galvanizing line at its California rerolling mill.

In the week ending on December 17, 2022, domestic raw steel production was 1,627,000 net tons while the capability utilization rate was 72.9 percent.

The American Iron and Steel Institute (AISI) reported that for the month of October 2022, U.S. steel mills shipped 7,210,301 net tons.