LMM Global Steel Information Quick View (2021.10.14) India makes its first anti-dumping sunset review final ruling on China-related color-coated sheets On October 8, 2021, the Ministry of Commerce and Industry of India issued an announcement stating that the first anti-dumping sunset review of Color Coated / Prepainted Flat Products Alloy Non-alloy Steel originated in or…
LMM Global Steel Information Quick View (2021.10.14) Ukraine’s crude steel production in January-September increased by 6.3% year-on-year Mysteel learned that the Ukrainian steel industry association Ukrmetallurgprom stated on October 12 that Ukraine’s crude steel output from January to September increased by 6.3% year-on-year, from 15.32 million tons in the same period last year to 16.29…
LMM Global Steel Information Quick View (2021.10.14) U.S. steel mills increase shipments in August The American Iron and Steel Institute (AISI) reported that in August this year, US steel mills shipped 8,404,900 net tons, an increase of 1.5% from the previous month’s 8,278,900 net tons, and an increase of 28.7% from the 6,532,700 net tons…
LMM Global Steel Information Quick View (2021.10.14) Industry recovery, Japan’s October-December crude steel output increased by 9.6% year-on-year Japan’s Ministry of Economy, Trade and Industry (METI) stated that Japan’s crude steel production in the October-December quarter is expected to increase by 9.6% year-on-year, supported by the recovery of the manufacturing industry. This marks three consecutive…
LMM Global Steel Information Quick View (2021.10.14) Myanmar will restart Pinpet factory in fiscal year 2023-24 The chairman of the Myanmar State Administration Committee (SAC) MinAung Hlaing said that Myanmar plans to restart the Russian-backed Pinpet factory in Shan State (the eastern state of Myanmar) in the fiscal year 2023-2024. The second steel plant project…
LMM Global Steel Information Quick View (2021.10.14) Global crude steel production fell 1.4% year-on-year in August On September 23, the World Steel Association (WSA) released data on global crude steel production for August. In August, the crude steel output of 64 countries and regions included in the World Steel Association’s statistics was 156.8 million tons,…
LMM Global Steel Information Quick View (2021.10.14) Tosyali signs transportation agreement with Algeria National Railway Company Mysteel learned that Tosyali Algerie, a subsidiary of Tosyali, one of Turkey’s largest steel producers, has signed a cooperation agreement with the Algerian National Railway Company (SNTF) for the transportation of raw materials and steel products. Details of the…
LMM Global Steel Information Quick View (2021.10.14) U.S. crude steel production in one week (as of 10.9) As of the week of October 9, 2021, the domestic crude steel production in the United States was 1.858 million net tons, and the capacity utilization rate was 84.2%. The output in the same period last year was…
LMM Global Steel Information Quick View (2021.10.14) China’s wire rod import orders increase Due to the recent power restrictions in China, in addition to the impact on the production of steel-making enterprises, the production of billet-smelting and rolling mills has also been restricted to varying degrees, especially in East China. While importing semi-finished steel products,…
LMM Global Steel Information Quick View (2021.10.14) Bangladesh GPH Ispat exports 30,000 tons of billet to China Mysteel learned that Bangladesh’s GPH Ispat exported about 30,000 tons of billet to China on October 5, priced at US$695/ton CFR China, and is expected to arrive in China on October 19. High production and logistics costs have…