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Links to previous press releases are below.

News Steel

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...

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News Coal

Indonesian 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...

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News Coal

Indian 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...

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News Oil

India’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...

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News Oil

China’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...

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News Iron Ore,Steel

Indian 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...

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News Steel

Japanese 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.

News Grain

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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