Steel News https://www.scrapregister.com/rss/suppliers Global SCRAP REGISTER en-us 2017-10-22T04:42:04+01:00 tranzmedia.com Scrapregister.com https://www.scrapregister.com//images/web/logo.png https://www.scrapregister.com/ US Steel shipments advance 5.1 percent in August https://www.scrapregister.com/>uploads/news/2017/10/16487340601508494657 https://www.scrapregister.com/news/43462/us-steel-shipments-advance-5.1-percent-in-august https://www.scrapregister.com/news/43462/us-steel-shipments-advance-5.1-percent-in-august The American Iron and Steel Institute (AISI) has reported that for the month of August 2017, U.S. steel mills shipped 7,928,795 net tons, a 6.0 percent increase from the 7,480,241 net tons shipped in the previous month, July 2017, and a 5.1 percent increase from the 7,542,605 net tons shipped in August 2016. Global construction sector bears the brunt of recent Steel price hikes https://www.scrapregister.com/>uploads/news/2017/10/13317446141508413633 https://www.scrapregister.com/news/43456/global-construction-sector-bears-the-brunt-of-recent-steel-price-hikes https://www.scrapregister.com/news/43456/global-construction-sector-bears-the-brunt-of-recent-steel-price-hikes Traditional steel price decreases resulting from, weather related, market demand are likely to be partially offset by the high cost of mill input raw materials and consumables. However, the prospects of declining prices in the early months of 2018 are ever-present. Global Steel demand growth to slow in 2018: worldsteel https://www.scrapregister.com/>uploads/news/2017/10/13214716591508312955 https://www.scrapregister.com/news/43452/global-steel-demand-growth-to-slow-in-2018-worldsteel https://www.scrapregister.com/news/43452/global-steel-demand-growth-to-slow-in-2018-worldsteel Demand in India, the world's third-largest Steel consumer and the industry's best hope after China, is expected to grow just 4.4% this year and 5.7% next year, compared with an April forecast of 6.1% and 7.1%, respectively. US domestic Raw Steel production increases 5.4 percent https://www.scrapregister.com/>uploads/news/2017/10/2160118661508209265 https://www.scrapregister.com/news/43443/us-domestic-raw-steel-production-increases-5.4-percent https://www.scrapregister.com/news/43443/us-domestic-raw-steel-production-increases-5.4-percent United States domestic raw steel production was 1,744,000 net tons in the week ended on October 14, 2017 while the capability utilization rate was 74.8 percent, according to the latest figures released by the the American Iron and Steel Institute (AISI). India Steel capacity may more than double https://www.scrapregister.com/>uploads/news/2017/10/19465193581507893868 https://www.scrapregister.com/news/43431/india-steel-capacity-may-more-than-double https://www.scrapregister.com/news/43431/india-steel-capacity-may-more-than-double India Steel capacity is expected to grow by more than double due to domestic demand gathering speed amid an infrastructure building boom. Chinese September Steel exports plunge to lowest since Feb 2014 https://www.scrapregister.com/>uploads/news/2017/10/10409070431507892118 https://www.scrapregister.com/news/43430/chinese-september-steel-exports-plunge-to-lowest-since-feb-2014 https://www.scrapregister.com/news/43430/chinese-september-steel-exports-plunge-to-lowest-since-feb-2014 Chinese September Steel exports have plunged to lowest level since February 2014 as rising domestic steel prices discouraged overseas sales. Japan Steel production likely to advance slightly during Q4 https://www.scrapregister.com/>uploads/news/2017/10/8828703371507810800 https://www.scrapregister.com/news/43425/japan-steel-production-likely-to-advance-slightly-during-q4 https://www.scrapregister.com/news/43425/japan-steel-production-likely-to-advance-slightly-during-q4 Japanese crude steel production likely to advance slightly by 0.4 percent year-on-year to 26.51 million tons during the last quarter of this year, said the country’s trade and industry ministry, citing an industry survey. US domestic Raw Steel production increases 5.2% to 1,741,000 net tons https://www.scrapregister.com/>uploads/news/2017/10/7163951501507785980 https://www.scrapregister.com/news/43419/us-domestic-raw-steel-production-increases-5.2-to-1741000-net-tons https://www.scrapregister.com/news/43419/us-domestic-raw-steel-production-increases-5.2-to-1741000-net-tons United States domestic raw steel production has increased by 5.2 percent to 1,741,000 net tons in the week ended on October 7, 2017, while the capability utilization rate was 74.7 percent, according to the latest figures released by the American Iron and Steel Institute (AISI). Chinese Crude Steel production advances 5.6 percent during Jan-Aug https://www.scrapregister.com/>uploads/news/2017/10/14706258901507546083 https://www.scrapregister.com/news/43397/chinese-crude-steel-production-advances-5.6-percent-during-jan-aug https://www.scrapregister.com/news/43397/chinese-crude-steel-production-advances-5.6-percent-during-jan-aug Chinese Crude Steel production has advanced by 5.6 percent year-on-year to 566.41 million tons during the first eight months this year, according to the latest figures released by the National Development and Reform Commission (NDRC). US Steel import permit applications fall 15.7% m/m in September https://www.scrapregister.com/>uploads/news/2017/10/11168139871507293425 https://www.scrapregister.com/news/43388/us-steel-import-permit-applications-fall-15.7-mm-in-september https://www.scrapregister.com/news/43388/us-steel-import-permit-applications-fall-15.7-mm-in-september United States steel import permit applications for the month of September totaled 3,026,000 net tons (NT). This was a 15.7% decrease from the 3,591,000 permit tons recorded in August and a 9.6% decrease from the August preliminary imports total of 3,349,000 NT.