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Ferrosilicon Daily Express 7.31

  • Wednesday, July 31, 2019
  • Source:ferro-alloys.com

  • Keywords:ferrosilicon, spots, futures
[Fellow]In H1, profits in the steel sectors slumped 21.8 percent.

[Ferro-Alloys.comProfits of China's major industrial firms fell 2.4 percent year on year in the first half of 2019, data from the National Bureau of Statistics (NBS) showed Saturday.

In H1, profits in the steel sectors slumped 21.8 percent.

The American Iron and Steel Institute (AISI) announced the release of its 2018 Annual Statistical Report (ASR) on July 29th, 2019, which provides comprehensive data on the U.S. steel industry and select data on the North American steel industry as a whole. In 2018, total steel imports into the United States decreased 12 percent compared to the previous year, while finished steel imports decreased 13 percent over the same period and captured a 23 percent share of apparent steel consumption, down 4 percentage points from the previous year. Shipments from domestic steel mills measured 95.3 million net tons (NT) in 2018, up five percent from the previous year. Shipments in 2018 were four percent higher than the average of 91.5 million net tons seen from 2013 to 2017. 

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  • [Editor:kangmingfei]

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