Links to previous press releases are below.
China September Refinery Throughput at Record High
China’s crude oil throughput rose 1.03M b/d m-o-m and 1.26M b/d y-o-y to a record high of 13.8M b/d in September, data from the National Bureau of Statistics show. Robust crude runs were underpinned...
Read MoreUS Industrial Production Falls in September
US industrial output fell 0.1% year-on-year in September, according to the US Federal Reserve. Production dropped 0.4% on a monthly basis, with falls in manufacturing and mining output contributing to the decline.
Vietnamese Coal Imports in September
September Vietnamese coal imports rose 52% year-on-year in September to 3.0 Mt, IHS reports.
China Passenger Car Sales Rise
At 1.9 million units, China’s passenger car sales fell by 6.3% year-on-year in September, marking 15 successive months of annual decline, the latest data from the China Association of Automobile Manufacturers show.
Singapore Crude Oil Imports Continue to Fall
Singapore’s crude oil imports dropped 47K b/d m-o-m and 166K b/d y-o-y to 571K b/d in September, which was the lowest level since May 2015, official data show. At 822K b/d, average monthly imports in...
Read MoreUS HRB Price Falls
The US domestic price for hot rolled band (HRB) dropped by $59/t in the three weeks to 14 October to the lowest level since November 2016 at $570/t, according to the latest SteelBenchmarker from...
Read MoreUS Shale Production Continues to Rise, Drilling Activity Falls
US tight oil production from the seven major shale formations is projected to rise 57K b/d m-o-m and 850K b/d y-o-y to a record of 8.97M b/d in November, according to the latest drilling productivity...
Read MoreWorldsteel Short Range Outlook
In its October Short Range Outlook, worldsteel forecasts that Chinese steel demand in 2019 will grow at a rate of 7.8% year-on-year. However, growth is expected to slow significantly in 2020,...
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