Organized by the Silicon Committee of China Ferroalloy Industry Association, the meeting was held in the form of video at 15:00 on November 18, 2022.

US steel import permit applications for the month of October totaled 2,298,000 net tons (NT)*.

U.S. imported a total of 2,237,000 net tons (NT) of steel in September 2022.

U.S. imported a total of 2,237,000 net tons (NT) of steel in September 2022.

Earlier this year, the association had forecast steel demand to drop by 1.7% in 2022.

The remarks came after the association reported weakening demand of steel materials and high prices of raw materials used in production like coking coals.

Steel shipments from US mills fell in August as the market continued to deal with declining prices.

Down 2.1 Percent YTD in 2022 from Same Period in 2021.