Ferrous Capacity | Mysteel Global

Capacity
Steel Non-Ferrous

Date:

Nippon Steel to acquire two Thai EAF-based HRC makers Jan 24, 2022

Nippon Steel, Japan's largest integrated mill, has aiming to take full control of two electric-arc-furnace (EAF) steel producers in Thailand producing commercial grade hot rolled coil, the company announced on January 21. The two companies are G Steel Public (G Steel), the former Siam Strip Mill, and GJ Steel Public (GJ Steel), formerly Nakornthai Strip Mill Public.
Japan's 2021 crude steel output up 16% on year to 96 m t Jan 24, 2022

Japan's crude steel output for the calendar year of 2021 grew by 15.8% on year to 96.33 million tonnes, according to the latest data from the Japan Iron & Steel Federation. The on-year rise was largely due to the low base in 2020 amid the COVID-19 outbreak, though the country's total output in 2021 hadn't returned to the pre-virus level due to integrated mills' facility upgrading plans, according to sources.
Japan 2021 steel exports up 7% Y-o-Y but still below high Jan 21, 2022

In 2021, Japan's total steel exports rose 6.9% on year to about 34.01 million tonnes, according to the preliminary data released by Japan's Ministry of Finance on January 20. The very first on-year rise over the past eight years was due to the low base in 2020 amid the negative impact of the COVID-19 outbreak and the supply tightness from Japanese steel producers.
2021 in Review: Ten highlights in China's steel industry Jan 12, 2022

2021 was undoubtedly a year full of surprises, where China's crude steel output declined on-year for the first time in five years and where Chinese steel prices hit historical highs under the twin thrusts of improved domestic and overseas market conditions.
METI: Japan Jan-Mar crude steel output to rise 1.9% YoY Dec 24, 2021

Japanese demand for carbon and special steel in crude steel equivalent for both domestic sales and exports will rise 1.9% on year to 24.15 million tonnes over January-March 2022, according to the latest forecast released by the country's Ministry of Economy, Trade and Industry (METI) on December 23.
Japan Nov crude steel output up y-o-y 9th month by 10.7% Dec 23, 2021

In November, Japan's crude steel output including carbon and special steel increased on year for the nine consecutive month, up 10.7% on year to about 8.04 million tonnes, according to the data released by the Japan Iron & Steel Federation (JISF) on December 22, showing that Japanese mills have been maintaining high output.
JFE restarts 5,100 cu m BF at Kurashiki after relining Dec 15, 2021

JFE Steel, Japan's second largest integrated mill, reignited its No.4 blast furnace (BF) at its Kurashiki Area of West Japan Works on December 13 after having completed the relining, expanding the inner volume to 5,100 cu m from the original 5,005 cu m, according to a company announcement on Tuesday, and the BF is expected to realize normal operation in two weeks, a company official shared.
Nucor to replace Vale as JFE's US steel JV partner Dec 14, 2021

Nucor Corporation, headquartered in North Carolina of the U.S. and also the largest steelmaker in North America, will replace the world's largest iron ore miner - Vale - as the new partner of JFE Steel, Japan's second largest integrated mill in California Steel Industries (CSI) in Fontana of California, U.S., with the shareholding changing to 51:49 from the original 50:50, according to JFE's release late on Monday.
Liugang fires No.2 BF at Fangchenggang Dec 09, 2021

Guangxi Liuzhou Iron & Steel Group (Liugang), a leading steelmaker in Southwest China's Guangxi, has commissioned the second blast furnace at its greenfield steelworks in the coastal city of Fangchenggang, according to a post of Liugang's Shanghai-listed arm on December 7.
JFE-Baowu JV in China expands HDG capacity to 1.2 mln t/y Dec 08, 2021

JFE Steel, Japan's second largest integrated mill, shared on December 8 that it has completed expanding hot-dipped galvanizing (HDG) capacity at Guangzhou JFE Steel Sheet Co. (GJSS), a 50:50 venture with China Baowu Steel Group, by 50% to 1.2 million tonnes/year via remodeling a 1 million t/y continuous annealing line to anneal and galvanize, and the hot run has commenced sometime in November.
Japan's NSE to build three coking plants for Hyundai Dec 08, 2021

Nippon Steel Engineering (NSE), the engineering arm of Japan's largest steel producer, will build three dry quenching coking plants for South Korea's Hyundai Steel at its Dangjin integrated steelworks with one at a capacity of 230 tonnes/hour and other two at 200 t/h, to replace its wet quenching plants, NSC shared in a release on December 7.
Japan Oct crude steel output up on year 8th month by 14% Nov 24, 2021

In October, Japan's crude steel output including carbon and special steel increased on year for the eight consecutive month, or up 14.3% to about 8.22 million tonnes, according to the data released by the Japan Iron & Steel Federation (JISF) on November 22, showing that Japanese mills have been maintaining high output, a JISF official commented.
Japan Oct steel exports up 12% on year, down 7% on month Nov 18, 2021

In October, Japan's steel exports of all grades and categories approximated 2.75 million tonnes, up 11.5% on year or the sixth consecutive month with an on-year increase, according to the preliminary data released by Japan's Ministry of Finance on November 17, though it was down 6.5% on month with limited availability, sources shared.
Mill hikes lift Japanese domestic rebar prices by $18/t Nov 08, 2021

Japan's domestic rebar prices have increased by another Yen 2,000/tonne (18/t) on week over the past week, mainly due to price rises pushed through by domestic producers to transfer strengthening input costs. Market sources in Tokyo expect further price rises ahead.
Japan's Oct-Dec crude steel output to rise 3.2% QoQ Nov 08, 2021

Japan's output of crude steel including both carbon and special steel during the current October-December quarter is forecast to rise 3.2% on quarter to about 24.85 million tonnes, making for the third consecutive on-quarter rise, according to a survey released by Japan's Ministry of Economy, Trade and Industry on November 5.
Nippon Steel lifts spending further for electrical sheet Nov 04, 2021

Nippon Steel, Japan's largest integrated mill, will invest an additional Yen 19 billion ($166.6 million) as part of its ongoing drive to expand electrical sheet production capacity and quality at its Setouchi works in western Japan, the company announced on November 2. This will be third expansion for electrical sheet at the works and will boost total production capacity by 50%, it said.
Tokyo Steel Okayama works to restart HRC after 7 years Oct 25, 2021

After having halted producing hot-rolled coils (HRCs) at its Okayama works in western Japan since April 2015, Tokyo Steel Manufacturing, Japan's leading electric-arc-furnace steel producer, will resume producing HRCs at this steelworks around the end of 2022 or the start of 2023 in response to the growing demand for HRCs and the growing competitiveness of EAF mills with the decarbonization efforts in steelmaking globally.
China's coal output to increase 55 million tonnes in Q4 Oct 15, 2021

China's central emergency management and mine safety authorities have been reviewing applications from coal mining enterprises to expand capacity to ease the domestic coal supply shortage. Of the 976 mines reviewed by these authorities as of October 13, some 153 were qualified and should be able to add 55 million tonnes of output for October-December, according to a press conference on energy security issues held the same day.
PRESS RELEASE: FEX Global Australia and Mysteel Announce Price Assessment Partnership. Oct 15, 2021

Sydney, Shanghai 14 October 2021 – FEX Global Australia and Mysteel today announced the signing of an agreement whereby FEX Global will seek to settle certain FEX benchmark contracts against the Mysteel IOSCO compliant price assessments, subject to regulatory approvals. Brian Price, FEX Global Executive Director, said “Mysteel has been assessing prices in the domestic Chinese
Japan’s Aug carbon steel exports up 9% on year Sep 30, 2021

Japan’s carbon steel finished products exports in August rose by 8.9% on year to about 1.91 million tonnes, or up on year for the fourth month, according to the data released by the Japan Iron & Steel Federation (JISF) on September 30, though the monthly volume had been overall steady at around 1.9 million tonnes since June, a JISF official noted

Pre 1 2 3 4 5 Next

Product	Grade	Size	Price Index
Rebar	B500B	18-25mm	155
HRC	SS400	4.751500C	150
CRC	SPCC	1.01250C	155
Plate	SS400	14-20mm	151
HDG	DX51D+Z	1.01250C	150

Capacity
Steel Non-Ferrous

Nippon Steel to acquire two Thai EAF-based HRC makers Jan 24, 2022

Japan's 2021 crude steel output up 16% on year to 96 m t Jan 24, 2022

Japan 2021 steel exports up 7% Y-o-Y but still below high Jan 21, 2022

2021 in Review: Ten highlights in China's steel industry Jan 12, 2022

METI: Japan Jan-Mar crude steel output to rise 1.9% YoY Dec 24, 2021

Japan Nov crude steel output up y-o-y 9th month by 10.7% Dec 23, 2021

JFE restarts 5,100 cu m BF at Kurashiki after relining Dec 15, 2021

Nucor to replace Vale as JFE's US steel JV partner Dec 14, 2021

Liugang fires No.2 BF at Fangchenggang Dec 09, 2021

JFE-Baowu JV in China expands HDG capacity to 1.2 mln t/y Dec 08, 2021

Japan's NSE to build three coking plants for Hyundai Dec 08, 2021

Japan Oct crude steel output up on year 8th month by 14% Nov 24, 2021

Japan Oct steel exports up 12% on year, down 7% on month Nov 18, 2021

Mill hikes lift Japanese domestic rebar prices by $18/t Nov 08, 2021

Japan's Oct-Dec crude steel output to rise 3.2% QoQ Nov 08, 2021

Nippon Steel lifts spending further for electrical sheet Nov 04, 2021

Tokyo Steel Okayama works to restart HRC after 7 years Oct 25, 2021

China's coal output to increase 55 million tonnes in Q4 Oct 15, 2021

PRESS RELEASE: FEX Global Australia and Mysteel Announce Price Assessment Partnership. Oct 15, 2021

Japan’s Aug carbon steel exports up 9% on year Sep 30, 2021

Daily Prices

Prices Summarization

China's Daily Steel Export Price Index - Jan 29

Capacity Steel Non-Ferrous

Nippon Steel to acquire two Thai EAF-based HRC makers Jan 24, 2022

Japan's 2021 crude steel output up 16% on year to 96 m t Jan 24, 2022

Japan 2021 steel exports up 7% Y-o-Y but still below high Jan 21, 2022

2021 in Review: Ten highlights in China's steel industry Jan 12, 2022

METI: Japan Jan-Mar crude steel output to rise 1.9% YoY Dec 24, 2021

Japan Nov crude steel output up y-o-y 9th month by 10.7% Dec 23, 2021

JFE restarts 5,100 cu m BF at Kurashiki after relining Dec 15, 2021

Nucor to replace Vale as JFE's US steel JV partner Dec 14, 2021

Liugang fires No.2 BF at Fangchenggang Dec 09, 2021

JFE-Baowu JV in China expands HDG capacity to 1.2 mln t/y Dec 08, 2021

Japan's NSE to build three coking plants for Hyundai Dec 08, 2021

Japan Oct crude steel output up on year 8th month by 14% Nov 24, 2021

Japan Oct steel exports up 12% on year, down 7% on month Nov 18, 2021

Mill hikes lift Japanese domestic rebar prices by $18/t Nov 08, 2021

Japan's Oct-Dec crude steel output to rise 3.2% QoQ Nov 08, 2021

Nippon Steel lifts spending further for electrical sheet Nov 04, 2021

Tokyo Steel Okayama works to restart HRC after 7 years Oct 25, 2021

China's coal output to increase 55 million tonnes in Q4 Oct 15, 2021

PRESS RELEASE: FEX Global Australia and Mysteel Announce Price Assessment Partnership. Oct 15, 2021

Japan’s Aug carbon steel exports up 9% on year Sep 30, 2021

Daily Prices

Prices Summarization

China's Daily Steel Export Price Index - Jan 29

Capacity
Steel Non-Ferrous