Links to previous press releases are below.
World Crude Steel Production
World crude steel production fell by 5.1% year-on-year in April to 162.7 Mt, nevertheless still a ten-month high, according to the World Steel Association. This was driven by a similarly strong 92.1...
Read MoreIndonesian Coal Exports Reach Monthly High
Indonesian coal exports (including lignite) reached a record high at 44.3 Mt in March, 13.5 Mt above the previous month and up 10.0 Mt year-on-year, Bank Indonesia data shows, as shipments continue...
Read MoreIndian Power Plant Coal Imports Rise
Imports of coal by Indian power plants reached their highest level since October 2020 at 4.4 Mt in April, up 1.6 Mt month-on-month and 0.1 Mt above the same month last year, McCloskey reports. This...
Read MoreIndia’s crude imports surge in April
India’s crude oil imports jumped by 600K b/d m-o-m and 640K b/d y-o-y to 5.1M b/d in April, surging to the highest level on records dating back to 2008 after previously falling to a four-month low in...
Read MoreChina’s crude imports from West Africa fall to lowest since 2016 in April
China’s crude oil imports from West Africa declined by 160K b/d m-o-m and 270K b/d y-o-y to 930K b/d in April, falling for the fourth consecutive month to the lowest level since October 2016, China...
Read MoreIndian Iron Ore and Steel Export Tax
Industry media report that new export taxes on Indian iron ore (50% on fines, lump and concentrate and 45% on pellets) will effectively halt the country’s iron ore trades. McCloskey adds that previously...
Read MoreJapanese Crude Steel Production
Japan produced 7.5 Mt of crude steel in April, 4.4% below output in the same month last year, according to Japan’s Iron and Steel Federation. Production was down 6.1% month-on-month, with a 3.3% decline year-on-year to 30.5 Mt in the January-April period.
IGC Grain Forecast
The International Grains Council (IGC) has raised its wheat export forecast for 2022/23 (Jul/Jun) by 0.9 Mt to 194.0 Mt following increased expectations for EU and Russian exports, while India was cut...
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