Centre considering Particular excise duty on aviation Gasoline to Suppress volatility. You can unsubscribe at any time by clicking the link at the bottom of any IEA newsletter. Read more, The World Steel Association (worldsteel) has recognised 9 companies as Steel Sustainability Championsfor their work in 2019. Crude steel production contracted in all regions in 2019 except in Asia and the Middle East. To align with the SDS, the CO2 intensity of crude steel needs to fall an average of 2.5% annually between 2018 and 2030. Global crude steel production reached 1,864.0 million tonnes (Mt) for the year 2020, down by 0.9% compared to 2019. The report provides base market value from 2019 and a yearly forecast from 2020 to 2030 in terms of revenue (USD Billion) and volume (million tons). Energy efficiency improvements spurred much of the reduction in recent years, returning CO2 intensity to previous levels, but opportunities for further efficiency improvements will likely soon be exhausted. China's crude steel output is forecast to top 1 billion tonnes, and consumption is likely to reach over 980 million tonnes in 2020, both hit record high, said a recent report by the China Metallurgical Industry Planning and Research Institute. According to the Joint Plant Committee, crude steel production declined by 1.5% YoY to 109.2 MnT (Million Tonnes) in FY20, with a sharp contraction of 20% … Therefore, this report should be used primarily to assess production trends. Tracking progress 2020 The direct CO2 intensity of crude steel has been relatively constant (within a 20% range) during the past two decades, and in the last couple of years has returned to roughly the 2000-08 level. 2020 Profile of the American Iron and Steel Institute. View Report. Read more, World crude steel production for the 64 countries reporting to the World Steel Association (worldsteel) was 147.1 million tonnes (Mt) in March 2020, a 6.0% decrease compared to March 2019. Read more, World crude steel production for the 64 countries reporting to the World Steel Association (worldsteel) was 156.4 million tonnes (Mt) in September 2020. Thank you for subscribing. Read more, The winners of the 11th Steelie Awards were announced on 14 October 2020. IMARC Group’s latest report provides a deep insight into the global steel tubes market covering all its essential aspects. Find out about the world, a region, or a country, Find out about a fuel, a technology or a sector, Explore the full range of IEA's unique analysis, Search, download and purchase energy data and statistics, Search, filter and find energy-related policies, Shaping a secure and sustainable energy future, Clean Energy Transitions in Emerging Economies, Digital Demand-Driven Electricity Networks Initiative, Global Commission for Urgent Action on Energy Efficiency, Promoting digital demand-driven electricity networks. The 2018 tariffs placed on foreign steel continues to affect the outlook for the U.S. industry in 2020 with production cutback already in the works and prices falling from a 2018 peak. January 29, 2021. Today's Current Steel Price . Read more, World crude steel production for the 64 countries reporting to the World Steel Association (worldsteel) was 154.4 million tonnes (Mt) in January 2020, a 2.1% increase compared to January 2019. Previous Next. C413 Office Building - Beijing Lufthansa Center - 50 Liangmaqiao RoadChaoyang District - Beijing 100125 - China Steel Industry News; Prices; Market Information; SteelCo History; Consulting; Members; Site Search; Steel Production Report - December 2020. Although it’s still early, signs suggest that 2020 could prove to be a better year for the steel industry. The major factor driving the Steel Rebar market is the rapidly growing construction industry in the Asia-Pacific region. Read more, World crude steel production for the 64 countries reporting to the World Steel Association (worldsteel) was 137.1 million tonnes (Mt) in April 2020, a 13.0% decrease compared to April 2019. The decline in global steel demand in the first half of 2020 is predictable but perhaps more painful as it came after slower than expected growth in 2019 due to the continuing manufacturing recession in the developed countries. LONDON-- (BUSINESS WIRE)--The global high strength steel market size is expected to grow by USD 14.51 million during 2020-2024, progressing at … Asia produced 1,374.9 Mt of of crude steel in 2020, an increase of 1.5% compared to 2019. Stainless Steel Cannula Market 2020 In-Depth Analysis of Industry Share, Size, Growth Outlook up to 2025. Global iron and steel market Production. Sign up to receive all our press releases by e-mail. Read more, World crude steel production for the 64 countries reporting to the World Steel Association (worldsteel) was 142.4 million tonnes (Mt) in February 2020, a 2.1% increase compared to February 2019. November 2020 crude steel production 22 December 2020 Brussels, Belgium World crude steel production for the 64 countries reporting to the World Steel Association (worldsteel) was 158.3 million tonnes (Mt) in November 2020. You can easily unsubscribe at any time. Read more, The Board of Members of the World Steel Association (worldsteel) has elected the Executive Board of Directors for the 2020/2021 period and has welcomed new members. Steel mills, and the service centers that process and distribute their products, live and die by steel prices. Registered office:Avenue de Tervueren 270 - 1150 Brussels - Belgium Tiffany Vass The figures are compiled from weekly production tonnage provided from 50% of the domestic producers combined with monthly production data for the remainder. Over the last 35 years, the iron and steel industry has seen significant changes. Iron & Steel Manufacturing in Canada industry outlook (2020-2025) poll Average industry growth 2020-2025: x.x lock Purchase this report or a membership to unlock the average company profit margin for this industry. On the flip side, unfavorable conditions arising due to the COVID-19 outbreak is hindering the growth of the market. News. DUBLIN, May 14, 2020 /PRNewswire/ -- The "Saudi Arabia Steel Industry Outlook 2024" report has been added to ResearchAndMarkets.com's offering.. Saudi Arabia is … All Press releases News Publications Position papers. The Raw Steel production tonnage provided in this report is estimated. Subscribe to Our E-Newsletter NEW STEEL UPDATE. Achieving this reduction and maintaining it after 2030 will not be easy. Looking forward, IMARC Group expects the global steel tubes market to exhibit stable growth during 2020-2025. Read more, Characterized by fully connected and autonomous electric vehicles Read more, worldsteel Director General Edwin Basson presents at the Global Forum on Steel Excess Capacity (GFSEC) - Ministerial meeting on 26 October 2020. Annual Report 2020 and European Steel in Figures 2020 just published. Global Steel Bar Market Report 2020 - Industry Analysis Size Share Trends Segment and Forecasts to 2025 (Based on 2020 COVID-19 Analysis) In 2020 worldsteel forecasts that steel demand will contract by 6.4% due to the COVID-19 crisis. In FY20, crude steel production and finished steel production in India was 108.5 MT and 101.03 MT, respectively. In the month of October 2020, India produced 9.06 MT of crude steel. News. Read more, The World Steel Association (worldsteel) today announced the new world champions of the 14th steelChallenge.

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