Japan’s Jan-March crude steel output forecast to rise 1.7%

Mining News Pro - Japan’s crude steel output is forecast to rise 1.7% year on year in the first three months of 2024 because of healthy demand from automakers, the Ministry of Economy, Trade and Industry (METI) said on Tuesday.

Japan’s Jan-March crude steel output seen falling 4.0% year-on-year

Mining News Pro -Japan’s crude steel output in the January-March quarter of 2023 is forecast to fall 4.0% from a year earlier to 22.10 million tonnes, the Ministry of Economy, Trade and Industry (METI) said on Thursday.

11% growth in crude steel production in Mobarakeh-Sangan Steel Group

Mining News Pro - From the beginning of April to the end of June, the pellet production of Mobarakeh Steel Group (Mobarakeh and Sangan Steel Company) increased by 6.6 percent compared to the same period of the previous year to three million and 303 thousand tons.

Achieving the highest crude steel production in the history of Mobarakeh Steel

Mining News Pro - During the 11 months of this year, MSC succeeded to produce 6,341,000 tons of crude steel and reach the highest crude steel production in the history of the company.

China Crude Steel Output Up 8% Y-o-Y to 996 MnT in CY19

Mining News Pro - China’s crude steel output surpassed its previous record of last year and set a new benchmark this year by producing 996.34 MnT of crude steel in (Jan-Dec) CY’19 ascended by 7% as compared with 927.52 MnT in CY’18.

World Crude Steel Output Down by 3% M-o-M in Nov’19

Mining News Pro - As per the data released by the World Steel Association (WSA), total steel production of 64 steel manufacturing nations stood at 147.79 MnT in Nov`19 move down slightly by 3% on a monthly premise as against 151.49 MnT in Oct`19.

Production Statistics of MSC for Crude Steel in H1

Mining News Pro - Mobarakeh Steel Company will produce 4.7 Mt of crude steel in the first half of this year while the domestic sale is 3.1 Mt and export sales are 750 thousand tons.

MSC Plans to Produce 8.5 Million Tons of Crude Steel

Mining News Pro - In order to supply the domestic demands, Mobarakeh Steel Group (Including Mobarakeh Steel, Hormozgan Steel, and Saba Steel) plans to produce more than 8.5 million tons of crude steel.

Iran Will Export 20 Million Tons of Crude Steel

Mining News Pro - CEO of Kaveh-Pars Mining Industries Development Company said in Iranian Steel Market Conference and Expo to Mining News Agency.

World Crude Steel Output Climbs 5% Y-o-Y in 9M CY18

Mining News Pro - According to the recent data released by World Steel Association (WSA) total crude steel production of 66 steel manufacturing countries has witnessed growth of 5% to 1,346.98 MnT in 9M CY18 (Jan-Sep’18) which was 1286.04 MnT in similar time frame of previous year.

World Crude Steel Output Inch Down in August

Mining News Pro - According to the recent data released by World Steel Association (WSA) total crude steel production of 66 steel manufacturing countries witnessed marginal decline of 2% on monthly basis in Aug’18 to 151.74 MnT against 154.11 MnT in Jul’18.

China: Crude Steel Output Inch Down After Hitting Record High

Mining News Pro - After observing increase in last 9 months, China’s steel output has fallen in August.

India: JSW Crude Steel Output Up 5% in August

Mining News Pro - India’s largest steelmaker- JSW Steel has released their production results for the month of Aug’18 today. Company’s flat steel and long steel production remain largely stable in Aug’18.

World Crude Steel Output Inch Up 2% in Jul’18

Mining News Pro - According to the recent data released by World Steel Association (WSA) total crude steel production of 66 steel manufacturing inch up by 2% on monthly basis in Jul’18 to 154.57 MnT against 152.211 MnT in Jun’18.

23% increase in Iran`s crude steel production

Mining News Pro - In the first seven months of 2018, Iran and the world`s crude steel production increased by 23.6 percent and 5 percent, respectively, compared to the same period last year.

India - SAIL Crude Steel Output Inch Up Marginally in Q1FY19

Mining News Pro - Indian govt. owned steel mill - Steel Authority of India Limited (SAIL) announced its quarterly performance results for Q1FY19 today.The steel mill reported marginal increase in crude steel output however decline in saleable steel sales in first quarter of FY19.

World Crude Steel Output Up 5% in H1 CY18

Mining News Pro - According to the recent data released by World Steel Association (WSA) total crude steel production of 66 steel manufacturing increased 5% in H1CY’18 to 881.45 MnT against 842.36 MnT in H1CY’17. Similarly on Y-o-Y basis world crude steel output increases by 6% in Jun’18 against 143.09 MnT in Jun’17.

South Korea: POSCO Crude Steel Output Increases 7% in Q2CY18

Mining News Pro - South Korea steel major - POSCO announced its quarterly results for Q2CY18 yesterday (i.e. on 23 Jul’18).The major highlights of the results announced were as follows:

Iran to Enhance Crude Steel Capacity to 38 MnT pa by Year End - Reports

Mining News Pro - Iran likely to expand crude steel capacity to 38 MnT pa by year end against current capacity of 32 MnT pa

China: Crude Steel Output Jumps 7% in H1 CY18 Amid Strong Domestic Demand

Mining News Pro - China’s -world largest steel producer witnessed growth of 7% Y-o-Y in first half of CY18. Higher domestic prices over positive demand in domestic market in turn resulted in growth in output.

India: Crude Steel Output Up 6% Y-o-Y in Q1 FY19

Mining News Pro - According to provisional data released by Joint Plant Committee (Govt. of India) India’s crude steel output has increased by 6% Y-o-Y to 26.08 MnT in Q1 FY19. India reported 8.682 MnT crude steel output in June’18 ,slightly down by 1.5% on monthly basis against 8.822 MnT in May’18. However on yearly basis it has shown growth of 7% in June’18 over June’17.

China`s average crude steel output increased in June

Mining News - According to the China Iron and Steel Association (CISA), the average daily production of crude steel from its main members reached about 1 million and 980 thousand in early June, up 1.3 percent from 10 days earlier.

CISA: Chinese crude steel capacity to drop below 1 billion tons by 2025

Mining News Agency -The chairman of the China Iron and Steel Association (CISA) pointed out that because the demand for steel in China has gradually declined, more old steel mills would be shut down.

Crude Steel Output by Middle East Region Surged 29% in March 2018

Mining News Agency -The monthly crude steel production by the Middle East region reported substantial surge in March this year.

Crude Steel Capacity Utilization Ratio Surged to 74.5%: worldsteel

Mining News Agency -The crude steel capacity utilization ratio by all the above 64 countries surged higher from 72.3% in March last year to 74.5% in March 2018.

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