Metals Data Response Global Steel Production (Sep.) Global steel output plunged in September primarily owing to a dramatic decline in China’s production. We suspect that China’s output will remain low for some months yet, which will act as a floor... 26th October 2021 · 2 mins read
Metals Data Response Global Aluminium Production (Sep.) Slower growth in aluminium output in September was probably linked to surging power prices. The combination of constrained output and soaring production costs will support aluminium prices in the near... 20th October 2021 · 2 mins read
Metals Data Response Global Steel Production (Aug.) Despite high prices, global steel output contracted in August. And given that the authorities in China are proactively encouraging lower output there, further falls in the coming months appear likely. 23rd September 2021 · 2 mins read
Metals Data Response Global Aluminium Production (Aug.) August’s IAI data suggest that fears that power rationing in Chinese smelting hubs would negatively impact supply, which have boosted aluminium prices to decade highs, are overdone. Instead, we think... 20th September 2021 · 2 mins read
Metals Data Response Global Steel Production (Jul.) A slump in China’s steel production in July led to a dramatic slowdown in growth in global steel output. While China’s production may stabilise or rebound a little in the coming months, it appears... 24th August 2021 · 2 mins read
Metals Data Response Global Aluminium Production (Jul.) Aluminium prices have recently been supported by reports that government-imposed power rationing has weighed on production in China, but there is little evidence of this in the latest data for July... 20th August 2021 · 2 mins read
Metals Data Response Global Steel Production (Jun.) Growth in global steel production remained in double digits in June, but this largely reflects the low base for comparison from last year. Meanwhile, government-imposed environmental controls in China... 23rd July 2021 · 2 mins read
Metals Data Response Global Aluminium Production (Jun.) Global aluminium output growth softened in June, largely due to power cuts in China’s key aluminium-producing province of Yunnan. But these curbs have started to be relaxed in recent weeks, which... 20th July 2021 · 2 mins read
Metals Data Response Global Steel Production (May) Growth in global steel production is still running high in year-on-year terms owing to the low base a year earlier. However, daily production in May was somewhat lower than April, as output in China... 22nd June 2021 · 2 mins read
Metals Data Response Global Aluminium Production (May) Average daily global aluminium production edged up in May as smelters continued to take advantage of high prevailing prices. We think that production will rise further in the near future. 21st June 2021 · 2 mins read
Metals Data Response Global Steel Production (Apr.) Global steel production rose again in April as lower output in India, in particular, was offset by sizeable jumps in production in China, Russia and Brazil. For now, virus-containment measures remain... 21st May 2021 · 2 mins read
Metals Data Response Global Aluminium Production (Apr.) Average daily global aluminium production was unchanged in April, but we continue to expect that output will increase this year given current high prices and premiums. 20th May 2021 · 2 mins read
Metals Data Response Global Steel Production (Mar.) Global steel production continued to rise in March, no doubt incentivised by high prices. Growth in demand in some key markets, such as the US and China, has been strong, but we suspect that... 22nd April 2021 · 2 mins read
Metals Data Response Global Aluminium Production (Mar.) Daily aluminium production dropped back a bit in March. But with prices currently at multi-year highs, and only very piecemeal restrictions on output in China, we doubt it will be long before daily... 20th April 2021 · 2 mins read
Metals Data Response Global Steel Production (Feb.) Growth in global steel production declined in February y/y. And though base effects will distort growth rates for a while yet, we reckon that China’s steel output growth will start to slow before long... 23rd March 2021 · 2 mins read
Metals Data Response Global Aluminium Production (Feb.) Average daily global aluminium production inched up in February. And with ShFE and LME prices at multi-year highs, we expect production to continue growing in 2021. 22nd March 2021 · 2 mins read
