China’s Crude Steel Output in July Falls Severely on Crackdown

Finished Import Market Share Estimated at 20 Percent in July.

US domestic raw steel production was 1,872,000 net tons while the capability utilization rate was 84.8 percent.

Annualized total and finished steel imports in 2021 would be 29.4 and 20.0 million NT, up 33.4% and 23.9%, respectively, vs. 2020.

The American Iron and Steel Institute (AISI) reported that for the month of June 2021, U.S. steel mills shipped 8,031,516 net tons.

Latest data shows that Chinese iron ore imports in July were 88.5 million tonne down 1% MoM and 21% YoY. YTD Chinese iron ore

The U.S. imported a total of 2,897,000 net tons (NT) of steel in June 2021.

Adjusted year-to-date production through July 31, 2021 was 54,555,000 net tons, at a capability utilization rate of 80.0 percent.