December 2016

Latin America's crude steel output down 1% in November

Crude steel output in Latin America fell by 1% in November on an annual basis, to 4.90 million tonnes, according to the latest figures from regional steel association Alacero.

Middle East crude steel production up 43.59% in November

Crude steel output in the Middle East increased by 43.59% year-on-year in November 2016, according to the latest figures from the World Steel Assn (Worldsteel).

2016 REVIEW: Middle East steelmakers look to regulation to support local production

Most Middle Eastern steel producers have been looking for more protection for their steel output in 2016, and most governments in the region have imposed new duties on imports.

Global crude steel production up 5% in November

Global crude steel production increased by 4.99% year-on-year in November, according to the latest data from the World Steel Assn (Worldsteel).

UAE billet import prices drop, demand weak

Billet import prices to the UAE dropped this week, with demand weak as buyers awaited new domestic rebar prices.

China’s spot rebar charges down further despite higher ex works prices

China’s spot rebar prices move down further on Wednesday December 21 despite steel mills lifting ex works prices.

Brazilian prosecutors file action against ThyssenKrupp CSA, former governor on licence issue

State prosecutors in Brazil’s south-eastern Rio de Janeiro state have filed a public civil action against ThyssenKrupp CSA and local authorities over an “illegal operating authorisation” granted to the slab producer in 2010.

CIS crude steel output up 4% in November

Crude steel production in the CIS region rose by 4.24% year-on-year in November 2016 to 8.55 million tonnes, the World Steel Assn (Worldsteel) said on Thursday December 20.