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Production & Shipments

Developments that could increase or decrease steel production and shipments around the world.

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Two Chinese Steelmakers Explore Mega-Merger

27 Jun 2016 - Baosteel Group Corp. and Wuhan Iron & Steel Group Corp., two of China’s largest steelmakers, are considering a merger, potentially creating a company that could rival No. 1 ArcelorMittal SA, according to reports.

Indian Coking Coal Demand Poised for Significant Increase

23 Jun 2016 - India’s coking coal demand is likely to increase by 45 percent by 2020 as the country looks to expand its steel production, according to The (India) Economic Times.

Billiton Forecasts Increased Demand for Coking Coal

21 Jun 2016 - BHP Billiton Ltd. said it believes that a rise in steel production from emerging economies – India’s economy especially – will drive long-term demand growth for coking coal, reports the Bloomberg news service.

Allegheny Technologies JV Orders New Cold Mill to Make Super Thin and Very Wide Strip

15 Jun 2016 - Shanghai STAL Precision Stainless Steel Co. Ltd. has awarded a contract to the Fives industrial engineering group for a cold rolling mill capable of rolling ultra-thin stainless strip at full commercial widths, the company has announced.

Cliffs Natural Resources Moves Up Restart Schedule for Idled Mine

09 Jun 2016 - Iron ore miner Cliffs Natural Resources will reopen an idled Minnesota mine two months sooner than planned after securing third- and fourth-quarter orders from a new customer, the company announced on Thursday.

UAE Investment Firm Plans New Rebar Mill

17 May 2016 - An investment firm that is partly owned by the United Arab Emirates has signed an agreement to build a 300,000 metric ton rebar plant, reports The National newspaper.

G7 to Address Excess Steel Capacity

15 May 2016 - The world’s seven wealthiest countries may adopt measures to address the global steel glut during their upcoming summit in Japan, according to the Reuters news service.

(UPDATE) Nucor to Open New Joist, Decking Facility in Canada

15 May 2016 - Nucor Corp.'s joist and decking unit is setting up a fabrication shop in Canada and plans to begin producing products later this year, the company has announced.

Steel Prices Rebound, and Chinese Mills Restart

11 May 2016 - As steel prices rebound, Chinese mills that were shut down are returning to life and resuming production, despite global wishes for the country to cut its excess capacity.

Steel Associations Urge China to Continue Discussing Global Excess Capacity

09 May 2016 - Ten steel associations in North and South America and Europe said they are disappointed that China declined to commit to further action on its excess steelmaking capacity, but are urging the country to be involved in future conversations on the topic.

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