US exports to China totalled 439,924t in February, more than trebling compared with a year earlier.

World crude steel production for the 63 countries reporting to the World Steel Association (worldsteel) was 142.4 million tonnes (Mt) in February 2023, a 1.0% decrease compared to February 2022.

China's raw coal output posted a stable expansion in the first two months of this year, official data shows.

In the week ending on February 18, 2023, domestic raw steel production was 1,654,000 net tons while the capability utilization rate was 74.0 percent.

Based on preliminary Census Bureau data, the American Iron and Steel Institute (AISI) reported that the U.S. imported a total of 2,186,000 net tons (NT) of steel in December 2022.

This was a 9.8% increase from the 2,262,000 permit tons recorded in December and a 12.7% increase from the December final imports total of 2,203,000.

A comparison of shipments for the full year 2022 to full year 2021 shows the following changes: corrosion-resistant sheet and strip down 8 percent, hot rolled sheet down 10 percent and cold rolled sheet down 15 percent.

During this period, the province also transmitted 18 percent more electricity to support other regions -- as against the figure for the same period in 2021.