China Domestic Prices

China Domestic Prices: China Metals Weekly (CMW), September 28th newsletter reported that for the third week in a row, long products prices fell across the board on a week over week basis from. On a month over month (m/m), basis long products increased for all angles and channels but were down for wire rod, beams [...]

Global Crude Steel Production and Capacity Utilization

Worldsteel Association (WSA) reports that global crude steel production totaled 143.58 million tonnes (Mt) at a capacity utilization rate, (CUR) of 72.2% in August. On a year on year, (y/y) comparison, the capacity utilization rate was up 3.7 percentage points, a significant increase. For the seven months ending August total worldwide raw steel production totaled [...]

China Domestic Prices

China Metals Weekly (CMW), September 21st newsletter reported that long products prices fell across the board on a week over week basis from 0.5% to 2.1%. However, on a month over month (m/m), basis long products increased for all long product lines. Angles advanced 5.3% m/m to $605 per ton, channels moved-up 4.8% m/m to [...]