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Links to previous press releases are below.

News Oil

China’s refinery throughput builds in April

China’s crude oil refinery inputs increased by 990K b/d (or 7.5%) y-o-y and 10K b/d m-o-m to 14.15M b/d in April, rising after previously falling to a six-month low in March, according to data from...

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News Economy

Chinese Industrial Output Growth

Chinese industrial production rose by 9.8% year-on-year in April, data from China’s National Bureau of Statistics showed.

This was below the 14.1% growth rate in March, but more than double the 3.9% growth rate in April last year.

News Dry Cargo Steel

New High for Chinese Crude Steel Output

At 97.9 Mt, Chinese crude steel production climbed by 13.4% year-on-year in April to reach a new monthly record, data from China’s National Bureau of Statistics showed.

Total output in the January-April period reached 374.6 Mt, up 15.8% year-on-year. 

News Oil

Australia’s oil product demand climbs to one-year high

Australia’s total oil product demand increased by 19K b/d m-o-m to 953K b/d in March, rising for the second consecutive month to the highest level since March 2020, according to data from the Australian...

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News Dry Cargo Steel

Vietnam Steel Output

April steel production in Vietnam hit 2.8 Mt, up by 52.2% year-on-year, according to Vietnam Steel Association data reported by SteelOrbis.

In the January-April period, steel production reached...

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News Dry Cargo Grain

US Grain Exports Dip

Core US grain exports (soyabeans, corn and wheat) reached 2.4 Mt in the week ending 6 May, the lowest volume since early September but still 0.2 Mt more than the corresponding week last year, US Department...

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News Dry Cargo Iron Ore

Port Hedland Iron Ore

At 45.1 Mt, iron ore throughput at Port Hedland was down by 0.2 Mt on the year in April, data from the Pilbara Port Authority showed.

In the January-April period, total iron throughput hit 171.5...

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News Dry Cargo Steel

Hot Rolled Band Prices

At $1,278/t, the price of Western European hot rolled band (HRB) jumped $164/t in the two weeks to 12 May, a new record high, according to the latest SteelBenchmarker from World Steel Dynamics.

Elsewhere,...

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