Report from our newspaper (Reporter Zhu Xiaobo) On November 22, the World Steel Association (WSA) released global crude steel production data for October. In October, crude steel output in the world’s 71 countries and regions included in the statistics of the World Steel Association was 150 million tons, a year-on-year increase of 0.6%.
In terms of regions, in October, crude steel production in Africa was 1.9 million tons, an increase of 3.5% year-on-year; crude steel production in Asia and Oceania was 108.8 million tons, an increase of 0.8% year-on-year; crude steel production in the European Union (27 countries) was 10.6 million tons , a year-on-year decrease of 7.1%; the crude steel output of other European countries was 3.6 million tons, a year-on-year decrease of 0.2%; the Middle East’s crude steel output was 5 million tons, a year-on-year increase of 5.0%; the crude steel output of North America was 9.3 million tons, maintaining the same level as September Consistent; crude steel production in Russia and other CIS countries + Ukraine was 7.4 million tons, a year-on-year increase of 12.9%; South America’s crude steel production was 3.4 million tons, a year-on-year decrease of 8.7%.
From the perspective of the world’s top ten steel-producing countries (regions), in October, mainland China’s crude steel output was 79.09 million tons, a year-on-year decrease of 1.8%; India’s crude steel output was 12.1 million tons, a year-on-year increase of 15.1%; Japan’s crude steel output was 7.5 million tons, a year-on-year increase of 2.6%; the United States’ crude steel production is 6.8 million tons, a year-on-year increase of 3.4%; Russia’s crude steel production is estimated to be 6.3 million tons, a year-on-year increase of 9.5%; South Korea’s crude steel production is 5.5 million tons, a year-on-year increase 6.5%; Germany’s crude steel production is 2.9 million tons, a year-on-year decrease of 8.8%; Turkey’s crude steel production is 3 million tons, a year-on-year increase of 4.2%; Brazil’s crude steel output is estimated to be 2.6 million tons, a year-on-year decrease of 10.2%; Iran’s crude steel The output was 3.1 million tons, an increase of 3.5% year-on-year.
In October, from the perspective of blast furnace pig iron production, the pig iron production of the 37 countries (regions) included in the global statistics was 104 million tons, a year-on-year decrease of 0.8%. Among them, the pig iron production of the European Union (27 countries) was 5.37 million tons, a year-on-year decrease of 6.2%; the pig iron production of other European countries was 1.2 million tons, a year-on-year increase of 3.6%; the pig iron production of Russia and other CIS countries + Ukraine was 4.77 million tons , a year-on-year increase of 12.5%; North America’s pig iron production is expected to be 2.37 million tons, a year-on-year increase of 1.1%; South America’s pig iron production is 2.56 million tons, a year-on-year decrease of 4.2%; Asia’s pig iron production is 87.69 million tons (of which mainland China is 71.18 million tons) ), a year-on-year decrease of 1.1%; Oceania pig iron production was 350,000 tons, a year-on-year increase of 1.2%. In the first 10 months of this year, global cumulative pig iron production was 1.09 billion tons, a year-on-year increase of 1.3%.
In October, direct reduced iron (DRI) production in 13 countries around the world was 10.74 million tons, a year-on-year increase of 13.8%. Among them, India’s direct reduced iron production was 6.9 million tons, a year-on-year increase of 33.8%; Iran’s direct reduced iron production was 3.25 million tons, a year-on-year increase of 2.5%.
Aluminum prices have fallen for five consecutive days today, with limited trading volume due to weak demand.
Today, aluminum prices on the London Metal Exchange (LME) declined from recent highs. As of 15:01 Beijing time, the three-month LME aluminum price was quoted at $2,336 per ton, down $14 per ton or 0.57% from the previous trading day’s settlement price. In the Shanghai Futures Exchange (SHFE), the main contract for aluminum (September 2024)