World steel consumption is likely to decline by 2.2pc in 2020, the OCE said.

Crude Steel Production down slightly YoY in Hebei, China in November, 2020.

China's steel industry is expected to keep growing in 2021.

U.S. imported a total of 1,370,000 net tons (NT) of steel in November 2020.

In the week ending on December 19, 2020, US domestic raw steel production was 1,619,000 net tons while the capability utilization rate was 73.2 percent.

Commitments to decarbonise the global economy are gaining momentum.

U.S. imported a total of 1,370,000 net tons (NT) of steel in November 2020.

Strong Chinese demand and supply disruptions from Brazil have sent iron ore port prices to near record highs.