Global insight
AISI: US domestic raw steel production in the week ending on December 3, 2022
Broken down by districts, here’s production for the week ending December 3, 2022 in thousands of net tons: North East: 139; Great Lakes: 541; Midwest: 196; Southern: 684 and Western: 70 for a total of 1630. |
October Steel Shipments Up 1 Percent From Prior Month
U.S. steel mills shipped 7,210,301 net tons, a 12.2 percent decrease from the 8,215,071 net tons shipped in October 2021. |
AISI Releases US November SIMA Imports Data
In November, the largest steel import permit applications were for Canada (561,000 NT, down 11% from October final), Mexico (422,000 NT, down 38%). |
India Nov thermal coal imports at 10 month-low as local output soars
The country imported 10.83 million tonnes of thermal coal in November, the Coalmint data showed, compared with 12.03 million tonnes in October and 9.45 million tonnes in November 2021. |
South Africa projects $40 billion funding gap in energy transition
South African government has projected a funding gap of $40 billion (279.1 billion yuan) in its energy transition plans from coal to clean energy. |
Brazil's Vale forecasts flat iron ore output, shares dive 4.4%
Brazilian miner Vale SA on Wednesday forecast that it would produce about as much iron ore next year as this year, and its shares fell more than 4% on the muted outlook and forecasts for steadily rising capital expenditure. |
India expands export incentive scheme to include chemicals, iron and steel
India has included iron and steel, chemicals, pharmaceuticals in an export incentive scheme, according to a government statement on Wednesday. |
India's April-November finished steel exports plunge 55% y/y
India's April-November finished steel exports plunge 55% y/y |
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