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Down 3.2 Percent YTD in 2024 from Same Period in 2023.

Finished Import Market Share YTD at 23%.

Finished Import Market Share YTD at 23%.

According to data from the World Steel Association analyzed by SteelRadar, electric arc furnace (EAF) accounted for 28.6% of global steel production.

China’s nickel giant Tsingshan Holding Group has started production at its $1 billion steel plant in central Zimbabwe, a company official said on Thursday.

The American Iron and Steel Institute (AISI) announced the release of its 2023 Annual Statistical Report (ASR), which provides comprehensive data on the American steel industry and select data on the North American steel industry as a whole.

A comparison of shipments year-to-date in 2024 to the first four months of 2023 shows the following changes: cold rolled sheet, up 4 percent, corrosion resistant steel, down 2 percent and hot rolled steel, down 2 percent.

Regarded as the birthplace of China's steel industry, Ansteel stands as the first iron and steel giant established after the founding of the People's Republic of China.