Shipments of ferroalloys fell by 77.5% y/y, in particular, due to plant downtime during the first half of the year

AISI: US Weekly Raw Steel Production in the week ending on January 4, 2025.

World crude steel production for the 71 countries reporting to the World Steel Association (worldsteel) was 146.8 million tonnes (Mt) in November 2024, a 0.8% increase compared to November 2023.

WBMS: Global refined nickel oversupply by 21,900 tons in October 2024

According to the statistics, the production of refined nickel in China in November 2024 was 33,510 tons, an increase of 8.62% from the previous month and 48.64% from the same period last year.

World crude steel production for the 71 countries reporting to the World Steel Association (worldsteel) was 151.2 million tonnes (Mt) in October 2024, a 0.4% increase compared to October 2023.

The latest report published by the World Metal Statistics Bureau (WBMS) shows that in September 2024, the global refined nickel production was 287,896 tons, the consumption was 285,062 tons, and the supply surplus was 2,834 tons.

China's crude steel production rose 2.9% in October from a year earlier