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Links to previous press releases are below.

News Dry Cargo Steel

Japanese Crude Steel Exports

Japanese crude steel exports fell by 1.7 Mt year-on-year in 2020 to 32.1 Mt, the lowest annual total since 2001, data from the Japan Iron and Steel Federation show. The fall was driven by declines in...

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News Oil

Mexico’s crude oil exports rise to eleven-month high

Mexico’s crude oil exports increased by 72K b/d m-o-m and 128K b/d y-o-y to 1.24M b/d in December, rising for the second consecutive month to the highest level since January 2020, according to data...

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News Dry Cargo Steel

US Steel Imports in 2020

US steel imports reached 20.0 Mt in 2020, down 5.4 Mt year-on-year and the lowest year in over a decade, data from the US Census Bureau reveal. The annual fall was primarily driven by declines in shipments...

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News Oil

China’s transport ministry lowers Lunar New Year travel forecasts

China’s transport ministry have slashed their forecasted travel volumes across the 40-day Lunar New Year period by 20% y-o-y to around 1.15 billion journeys (or 28.8 million per day), following calls...

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News Dry Cargo Steel

US HRB Price Jumps Higher

The US hot-rolled band (HRB) price rose by $46/t in the two weeks to 27 January to $1,143/t, its strongest level since August 2008, according to the latest SteelBenchmarker from World Steel...

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News Oil

US crude oil inventories tumble

US commercial crude oil inventories declined by 9.9M bbls (or 2%) w-o-w to 476.7M bbls during the week ending January 22, falling to the lowest level since the week ending March 27 2020, according to...

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News Dry Cargo Steel

Global Steel Production

Global crude steel production reached 1,829.1 Mt in 2020, down -0.9% on the 2019 total, data from the World Steel Association reveal. There was a sharp divide between growth in China (+5.2% to 1053.0...

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News Oil

Indian crude oil imports reach two-year high in December

India’s crude oil imports increased by 380K b/d m-o-m and 420K b/d y-o-y to 4.84M b/d in December, reaching the highest level since October 2018, according to data from the Petroleum Planning and Analysis...

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