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Links to previous press releases are below.

News Steel

Indian Steel Production

India’s crude steel production reached a new high for the month of April at a provisional 9.9 Mt, McCloskey reports. Nevertheless, output still fell 18% month-on-month as seasonal factors slowed operations....

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News Steel

China’s Crude Steel Production

Daily crude steel output at China Iron and Steel Association (CISA) member mills rose 5.5% from the preceding 10 days to 2.4 Mt in the period 21-30 April, the highest output since June 2021, according to the industry association. Despite the increase, output was still 1.7% down year-on-year.

News Oil

India’s clean oil product exports jump in March

India’s total clean oil product exports increased by 360K b/d m-o-m and 200K b/d y-o-y to 1.62M b/d in March, rising for the second consecutive month to the highest level on records dating back to 2010,...

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News Oil

China’s crude oil imports reach three-month high in April

China’s crude oil imports increased by 420K b/d m-o-m and 660K b/d y-o-y to 10.51M b/d in April, rising for the second month in a row to the highest level since January, according to data released by...

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News Coal,Grain,Iron Ore

Chinese April Dry Bulk Imports

China imported 86.1 Mt of iron ore in April, down 12.5 Mt from the same month last year and 1.2 Mt below March, according to official data. April recorded the lowest total for the month since 2019.

In...

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News Oil

Shenghong to start 320K b/d Lianyungang CDU in May

Shenhong Petrochemical has announced plans to launch the 320K b/d crude distillation unit (CDU) at its Lianyungang refinery in May, according to Argus. The facility, which is located in the Jiangsu...

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News Grain,Iron Ore

Brazilian Iron Ore Exports Fall

Brazilian exports of iron ore fell 0.8 Mt year-on-year to 24.9 Mt in April, and a 3.9 Mt decline from March, according to customs data. Shipments of iron ore have fallen on an annual basis in seven...

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News Oil

OPEC+ agree to maintain oil output increase schedule in June

The OPEC+ coalition has agreed to maintain its scheduled plan of increasing collective crude oil output by 432K b/d in June, according to Argus. This decision comes despite calls for the group to boost...

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