China's steel industry is expected to see roughly balanced supply and demand in 2023, thanks to the steady recovery of the Chinese economy, according to a senior official of China's top steel industry association.

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.

US steelmaker Nucor kept its plate prices flat last week in its latest price announcement for the products.

India remained a net importer of steel for the fourth consecutive month in January, with exports climbing to a seven-month high on increasing international demand.

Ferroalloy output down 12.4% in 2022 in Ordos City, Inner Mongolia.

Coal output up 11.7% in 2022 in Ordos City, Inner Mongolia.

Coke output up 2.5% in 2022 in Ordos City, Inner Mongolia.

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.