AISI: Steel Imports Down 17% Year-to-Date through November.

Based on preliminary Census Bureau data, the American Iron and Steel Institute (AISI) reported that the U.S. imported a total of 1,541,000 net tons (NT) of steel in November 2019.

In the week ending on December 21, 2019, domestic raw steel production was 1,866,000 net tons while the capability utilization rate was 80.7 percent.

World crude steel production for the 64 countries reporting to the World Steel Association (worldsteel) was 147.8 million tonnes (Mt) in November 2019, a 1.0% decrease compared to November 2018.

China's crude steel output is expected to reach 980 million tonnes in 2019, an annual increase of 7 percent, said He Wenbo.

In November 2019, not only did construction steel achieve record sales, but Hoa Phat steel pipe also reached the highest level ever in sales history, reaching 72.500 tons.

Crude steel output in 2019 and 2020 are expected to reach 988 million tons and 981 million tons, respectively.

General Administration of Customs latest data showed that China imported 90.65 million tonnes of iron ore in November.