GDP returns to pre-pandemic levels, up 1.9% q/q in the first quarter

Below is a ranking of the 50 top steel-producing companies. This list is updated in early June every year. An extended listing of top steel producers 2020/2021 is available from the PDF under the table.

Offers were heard in a wide range between $1,150-1,300/st, with most in the $1,200/st range.

Brazil produced 2.9 Mt, down 4.0%. Iran is estimated to have produced 2.2 Mt, down 20.7%.

US domestic raw steel production in the week ending on June 4, 2022 down 3.2 percent.

Japan's ferrous scrap exports continued to recover in April on sustained demand from South Korea.

The government has laid out a multi-pronged approach to help Zimbabwe’s mines scale up production as industry executives indicated that the scale of capital required to bolster operations was too huge for domestic lenders.

Iron-ore extends gains above $140 on optimism for China demand