Its own iron ore production in 2Q 2019 increased by 4.0% to 14.6Mt as compared to 14.1Mt in 1Q 2019.

In the week ending on August 10, 2019, US domestic raw steel production was 1,867,000 net tons.

U.S. Steel’s Q2 earnings are scheduled to be released Thursday. Although the stock fell to its 52-week low in May.

C1 costs of US$12.78 per wmt, five per cent lower than the March quarter (US$13.51/wmt).

However, uncertainty over the trade environment and volatility in the financial markets continue and could pose downside risks to this forecast. At the time of writing this, nothing has changed.

Average daily production of crude steel of major iron and steel enterprises was 2.06 million tons in early June, up 2.8% vs. the last ten days.

Vale iron-ore output rose 8% in fourth quarter

World crude steel production for the 64 countries reporting to the World Steel Association (worldsteel) was 142.7 million tonnes (Mt) in February 2022, a 5.7% decrease compared to February 2021.