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WORLD PRODUCTION HEADLINES

World Production

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Reuters: EU Ponders Energy Tariffs Freeze for Steelmakers
May 10, 2013 - The European Commission has asked EU member states to consider removing tariffs on energy intensive industry, in an action plan drawn up for the steel industry, EU sources said, according to a Reuters report.

March World Crude Steel Production Down 1% Y-o-Y
Apr. 22, 2013 - World crude steel production for the 63 countries reporting to the World Steel Association (worldsteel) was 135 million tonnes in March 2013, an increase of 1.0% compared to March 2012.

worldsteel: Global Apparent Steel Use to Increase 2.9% in 2013
Apr. 11, 2013 - The World Steel Association (worldsteel) released its Short Range Outlook (SRO) for 2013 and 2014, forecasting that global apparent steel use will increase by 2.9% to 1,454 million tonnes in 2013, following growth of 1.2% in 2012.

Liepajas Metalurgs Stops Production Temporarily
Apr. 11, 2013 - Liepajas Metalurgs is temporarily stopping production for a five day period, from 10–15 April 2013, due to a decline in rebar orders caused by the economic situation in Europe.

SEAISI: Apparent Steel Consumption in ASEAN Region Rose 7.6% in 2012
Apr. 9, 2013 - According to the South East Asia Iron & Steel Institute (SEASI), apparent steel consumption in the ASEAN region (Indonesia, Malaysia, the Philippines, Singapore, Thailand, Brunei, Burma, Cambodia, Laos and Vietnam) is estimated to have surged by 7.6% y-o-y to 56.4 million tonnes in 2012.

SunCoke Energy Provides Estimate on First Quarter Coke Production
Apr. 4, 2013 - SunCoke Energy, Inc. reported that domestic coke production for first quarter 2013 is expected to be 1,051,000 tons down from 1,068,000 tons in first quarter 2012.

World Crude Steel Production Rose 1.2% Year-on-Year in February
Mar. 20, 2013 - World crude steel production for the 63 countries reporting to the World Steel Association (worldsteel) was 123 million tonnes in February 2013, an increase of 1.2% compared to February 2012.

January 2013 U.S. Steel Mill Shipments at Highest Monthly Amount Since August 2012
Mar. 18, 2013 - The American Iron and Steel Institute (AISI) reported that for the month of January 2013, U.S. steel mills shipped 8,210,726 tons, a 9.7% increase from the 7,483,120 tons shipped in the previous month, December 2012, and a 3.4% decrease from the 8,497,932 tons shipped in January 2012.

Bloated China Steel Sector Facing Closures, Big Miners to Suffer
Mar. 12, 2013 - China's bloated steel sector is facing a wave of closures in the next few years, with slowing demand and decades of "blind" expansion finally about to catch up with the industry, a senior executive and parliamentary delegate said, according to a Reuters report.

Why Europe's Steel Industry is in Structural Long-Term Oversupply
Mar. 8, 2013 - If the North American steel industry feels as if it's facing tough conditions, it only needs to look to Europe to see how much worse it could be, a Seeking Alpha article says.

China's Top Steel Producing Province to Cut Capacity by 60 Million Tonnes
Mar. 7, 2013 - China's top steel-producing province of Hebei plans to cut total capacity by 60 million tonnes, the provincial governor said on Thursday, in a move aimed at consolidating and cleaning up the chaotic sector, Reuters reports.

World Crude Steel Output Down 0.8% in January
Feb. 20, 2013 - World crude steel production for the 62 countries reporting to the World Steel Association (worldsteel) was 125 million tonnes in January 2013, a slight increase of 0.8% compared to January 2012.

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