Links to previous press releases are below.
Chinese Steel Production
Chinese crude steel production edged higher by 0.5% year-on-year to 83.9 Mt in August however, at 696.2 Mt, January-August output was still 5.7% below the same period a year before, National Bureau...
Read MoreAustralia’s crude imports rise to 13-month high
Australia’s crude oil imports increased by 83K b/d m-o-m and 31K b/d y-o-y to 229K b/d in July, rising to the highest level since June 2021, according to Australia's Petroleum Statistic data. Crude...
Read MoreCISA Daily Output (1)
Crude steel production at China Iron and Steel Association (CISA) member mills rose by 3.3% from the preceding 11 days to 2.1 Mt/day in the period 1-10 September, the highest production since June, according to the industry association.
Japanese Imports and Exports
Japanese coal imports rose to more than a two year high in August at 17.2 Mt, up 6.7% from the previous year, data from Japan’s Ministry of Finance show.
In contrast, iron ore imports fell 7.3%...
Read MoreUS HRB Steel Price Falls to New Low
The US domestic hot rolled band (HRB) price fell to the lowest level since December 2020 at $888/t on the 12 September, $55/t below the price three weeks ago, according to World Steel Dynamics’ SteelBenchmarker....
Read MoreIndonesian Exports in July
Indonesian coal exports rose to the second highest monthly total on record (after March) at 43.7 Mt in July (including lignite), up 4.4 Mt year-on-year, according to Bank Indonesia data. Despite the...
Read MoreIEA lowers global oil demand forecast for 2022
In their latest monthly Oil Market Report the International Energy Agency (IEA) lowered their global oil demand forecast for 2022 down by 110K b/d compared to their previous report, stating that renewed...
Read MoreUS shale oil production to rise for sixth consecutive month
Oil production from the seven major US shale oil regions is forecast to increase by 130K b/d m-o-m and 800K b/d y-o-y to 9.12M b/d in October, rising for the sixth consecutive month to the highest level...
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