Amkotas

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Iron and steel sector blog and message board: steelmaking news, reports and opinions; steel prices; cost trends, expert forecasts and more ...


Global crude steel production mid-way through 2017 was 4.5% higher than in the first 6 months of the previous year. Despite much talk about cuts in Chinese capacity, Chinese crude steel production grew by a marginally higher amount. The growth in Chinese production is attributed to the government-led infrastructure push which has maintained very strong demand levels from... read more

Posted on 00:02, August 3, 2017

Much has been made of the meteoric rise of Chinese steelmaking over the past decade but as we have discussed before this peaked in 2014. There is another major Asian steel producer, believed to be the lowest cost major producer in the region, that has more than doubled crude steel production since 2005 and is continuing to grow, posting a record 95.6 million tonnes... read more

Posted on 03:29, July 6, 2017

At just under 18 million tonnes last year, Iran accounted for more than half of all the steel produced in the Middle East and is becoming an important player on the world stage. It is also growing rapidly with production up 90% over the past ten years. This growth has continued into this year with crude steel production in Q1 increasing by 13% year on year, more than... read more

Posted on 09:32, June 10, 2017
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