Global crude stainless steel production expected to reach 60 million tonnes in 2023
MEPS predicts global crude stainless steel production to hit 60 million tonnes in 2023, driven by China and Indonesia. India's production is expected to rise.
World Steel Association: January 2023 crude steel production Down 3.3%
World crude steel production in January 2023 declined by 3.3%. Regions including Russia, Europe, EU, North America, Africa, Asia/Oceania, and South America reported production decreases, while the Middle East saw an increase.
The uses of steel in the mining industry
Steel is widely used in mining due to its durability and corrosion resistance. It is used for tools, equipment, infrastructure, machinery, grinding balls, railway lines, and high-strength plates.
Steel imports remains high compared to 2019
South Africa imported 1,299,257 tonnes of primary carbon and alloy steel products in 2022, down 5.1% from 2021. Imports surged 42.7% compared to 2019.
Global crude steel production down 4.3% on year in 2022: worldsteel
Global crude steel production in Jan-Dec 2022 was 1,831.5 Mt, down 4.3%. India was the only Top 10 producer with positive growth, and China remains the largest producer.
World Steel Production Decreased To 1.691 Billion Tons Jan-Nov 2022 Compared To The Same Period In 2021
Global crude steel production decreased by 3.7% in Jan-Nov 2022 compared to the same period in 2021. Steel demand is expected to rebound slightly in 2023.
WTO Ruled Against Section 232 USA Tariffs
On 09 December 2022, the World Trade Organization dispute-settlement panels found the USA violated international trade rules with its tariffs on imported steel […]
The EU Commission review protective measures on certain steel products
The EU Commission has initiated a review of the safeguard duties and quota applicable to imports of certain steel products. The current […]
Global crude steel production for October flat year-on-year
World crude steel production for the 64 countries reporting to the World Steel Association(worldsteel) was 147.3 million tonnes (Mt) in October 2022, […]