Metals Data Response Global Aluminium Production (Feb.) Stripping away calendar effects, global aluminium production increased slightly last month. We expect output to continue to grow steadily this year, mostly in response to rising demand in China. 20th March 2023 · 3 mins read
Metals Data Response Global Steel Production (Jan.) Global steel output remained depressed in January and is unlikely to pick up markedly in the coming months. However, a rebound in China’s demand and lower power costs in Europe should prompt some... 22nd February 2023 · 2 mins read
Metals Data Response Global Aluminium Production (Jan.) Global aluminium production fell slightly in January compared to December, although the bigger picture is one of fairly steady production since the middle of last year. We expect production to respond... 20th February 2023 · 3 mins read
Metals Data Response Global Steel Production (Dec. & 2022) Global steel output slumped in December and fell sharply in 2022 as a whole. With demand likely to be weak, at least in the first half of 2023, we do not expect a marked rebound any time soon. 31st January 2023 · 2 mins read
Metals Data Response Global Aluminium Production (Dec.) Global aluminium production growth slowed to 2% in 2022 from 2.7% in 2021. We forecast that weaker output growth in China and another difficult year in Europe will lead to even softer growth this year... 20th January 2023 · 2 mins read
Metals Data Response Global Steel Production (Nov.) Global steel output is now firmly in contractionary territory by any measure. With several headwinds unlikely to relent soon, it is likely that output will weaken even further from here. 22nd December 2022 · 2 mins read
Metals Data Response Global Aluminium Production (Nov.) A low base in 2021 is driving an increase in global aluminium output this year, but the bigger picture is that growth in supply is slowing as high power costs and soft demand take their toll. 20th December 2022 · 2 mins read
Metals Data Response Global Steel Production (Oct.) Global steel production growth is deteriorating a bit faster than we had thought. Even very flattering base effects failed to keep steel output growth in positive territory. With global economic... 22nd November 2022 · 2 mins read
Metals Data Response Global Aluminium Production (Oct.) While the latest year-on-year increase in global aluminium production is suggestive of an improving supply environment, output actually fell in absolute terms and probably has further to fall from... 21st November 2022 · 2 mins read
Metals Data Response Global Steel Production (Sep.) Although base effects will boost output in y/y terms in the final months of this year, the bigger picture is that slower economic activity and still-high energy costs will weigh on global steel demand... 25th October 2022 · 2 mins read
Metals Data Response Global Aluminium Production (Sep.) The acceleration in year-on-year production growth in September paints a prettier picture of supply than reality. The global economic downturn and high energy prices will weigh on supply from here. 20th October 2022 · 2 mins read
Metals Data Response Global Steel Production (Aug.) A pick-up in supply from China boosted global steel production in August. However, with economic activity starting to slow and high energy costs across the world, the outlook is for steel production... 22nd September 2022 · 2 mins read
Metals Data Response Global Aluminium Production (Aug.) Global aluminium production rose at a slightly faster pace in August than in July, as Chinese production picked up and helped to compensate for a steeper reduction in European output. However, it... 20th September 2022 · 2 mins read
Metals Data Response Global Steel Production (July) Global steel production fell at a faster pace in July. The latest data are broadly consistent with our view that supply will fall this year, which should put a floor under prices even with soft demand... 23rd August 2022 · 2 mins read
Metals Data Response Global Aluminium Production (July) Global aluminium production rose at a slightly slower pace in July, mostly because production in North America fell at a faster clip, while output in Europe continued to slump. Production growth could... 22nd August 2022 · 2 mins read
Metals Data Response Global Steel Production (June) Global steel production growth slowed in June as higher power costs in advanced economies contributed to lower output there. By contrast, the decline in China’s output slowed slightly. Overall, we... 22nd July 2022 · 2 mins read