Steel Imports Down 7.5% Year-to-Date Through February

In Jan-Feb, the ferroalloys production was 7.179 million tons, up 27.9% YoY.

In Jan-Feb, the ferroalloys production was 7.179 million tons, up 27.9% YoY.

The American Iron and Steel Institute (AISI) reported that the U.S. imported a total of 2,422,000 net tons (NT) of steel in January 2021.

For the month of January 2021, U.S. steel mills shipped 7,420,816 net tons which is a 5.3 percent increase from the 7,049,785 net tons shipped in the previous month.

Adjusted year-to-date production through March 6, 2021 was 16,112,000 net tons, at a capability utilization rate of 76.6 percent.

Global shipping carbon emissions drop by 1% in 2020

In January and February 2021, Jiuquan Iron and steel Hongxing Stainless Steel Branch comprehensively carried out the "double ten million" production capacity tackling and benchmarking work.