The world produced 151.7Mt of crude steel during the month of August 2018, up 2.6%, according to figures released by the World Steel Association (worldsteel). China’s crude steel production was up 2.7% from last August at 80.3Mt, while the Indians produced 8.8Mt, up 3.7% on August 2017. In Japan, production of crude steel reached 8.8Mt, […]
Category: News
Steel Imports Into The USA Decline By 1% From July To August, Says AISI…
The USA imported a total of 2.9Mt of steel in August, according to figures published by the American Iron and Steel Institute (AISI). The figures, all, incidentally net tons, based on preliminary Census Bureau data showed that steel imports into the USA had declined 1% from July to August. According to the AISI, the 2.9Mt […]
China Reduces Steel Tariffs
A report in the Washington Examiner claims that China’s finance ministry plans to reduce import tariffs on steel. The plan is to reduce steel tariffs from 11.5% to 8.4%. However, it is likely that US tariffs against Chinese steel will rise from 10% to 25% before the year end. US President Donald Trump believes that […]
