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Production & Shipments

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

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Great Lakes Iron Ore Shipments Increased in 2016

17 Jan 2017 - The Soo Locks, which are a vital link between Lake Superior and the other Great Lakes, have closed for annual maintenance, marking the end of the 2016 shipping season. And while overall cargo volumes were down, iron ore shipments increased 7.8 percent, reports the MLive news site. 

TMK Forecasts Improving Conditions in 2017

16 Jan 2017 - Oil country tubular goods maker TMK said it expects the U.S. oil and gas market will continue to recover this year on the back of global rebalancing, spurring increased pipe consumption. 

China Exported Less Steel in 2016 -- About 4 Million Fewer Metric Tons

13 Jan 2017 - China’s steel exports fell 3.5 percent in 2016 as the country executed on plans to curtail capacity and as improved domestic demand diverted supply, reports the Reuters news service.

Dura-Bond to Restart Idled Tube Mill in Pennsylvania

12 Jan 2017 - Line pipe manufacturer Dura-Bond Industries plans to restart a mothballed United States Steel Corp. tube mill and eventually hire more than 200 people.

AHMSA Sets Production Record in 2016

12 Jan 2017 - Integrated steelmaker Altos Hornos de Mexico said produced a record 4.65 million metric tons in 2016, according to market reporting service S&P Global Platts.

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