Links to previous press releases are below.
US Steel Imports Slow
US steel imports retreated to a six-month low of 2.3 Mt in August and fell on an annual basis for a third consecutive month, official data show. This decline was driven by a steep drop in imports from...
Read MoreOECD Cuts GDP Growth Forecasts for Major Economies
Russia’s invasion of Ukraine and the lingering impacts of the pandemic are cited by the OECD in its September Interim Economic Outlook (EO) as the major drivers of high inflation and an economic...
Read MoreThailand’s crude imports build in August
Thailand’s crude oil imports increased by 90K b/d m-o-m and 30K b/d y-o-y to 880K b/d in August, rebounding after previously falling to a six-month low in July, customs data showed. Arrivals from West...
Read MoreSingapore’s crude imports rise to three-month high
Singapore’s crude oil imports rose by 110K b/d m-o-m to 870K b/d in August, rising for the second month in a row to the highest level since May, according to data released by Enterprise Singapore. Shipments...
Read MoreIGC Cuts US Corn Export Projections
Citing a deterioration in crop prospects and poor price competitiveness, the International Grain Council (IGC) cut its forecast for US corn exports in the 2022/23 market year (Oct-Sep) by 2.5 Mt to...
Read MoreChinese Steel Production Accelerates
Daily crude steel output at China Iron and Steel Association (CISA) member mills accelerated to the highest rate since June at 2.15 Mt in the period 11-20 September, up by 2.2% from the preceding ten...
Read MoreIndia’s refinery runs fall to eleven-month low
India’s crude oil refinery throughput declined by 450K b/d m-o-m to 4.62M b/d in August, falling for the third month in a row to the lowest level since September 2021, according to data from the Petroleum...
Read MoreSteep Falls in Steel Production Outside China
Global crude steel production fell for a thirteenth consecutive month in August, dropping by 3.0% year-on-year to 150.6 Mt, the World Steel Association reports. This decline came despite a small 0.5%...
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