In the fiscal year 2018-2019, Western Australia's iron ore revenue increased significantly, and goods and services tax (GST) increased. Western Australia achieved its fiscal surplus for the first time in five years, two years ahead of schedule.

According to the data of China Steel Association, the average daily output of crude steel of member companies in mid-April was 205,700 tons.

In March 2019, the global crude steel output of 64 countries included in the World Steel Association statistics was 155 million tons, up 4.9% year-on-year.

The World Steel Association today released the results of the short-term steel demand forecast for the April 2019 edition. It is predicted that global steel demand will reach 1.735 billion tons in 2019, an increase of 1.3% year-on-year. In 2020, steel demand is expected to grow by 1.0% to 1.752 billion tons.

The World Steel Association estimates that global steel demand will be 1.752 billion tons in 2020, a year-on-year increase of 1%, while Chinese demand is expected to fall by 1%.

According to the data of the General Administration of Customs, China's steel exports in April were 6.326 million tons, and in March it was 6.327 million tons. China's steel imports in April were 1 million tons, and in March it was 899,000 tons.

The data shows that in the first quarter, China's production of crude steel is 231 million tons.

According to the Russian Special Steel Association, Russian stainless steel consumption increased by 5.8% year-on-year to 492,200 tons in 2018.

On April 16, Rio Tinto released its first quarter production report for 2019.

According to the statistics of the National Bureau of Statistics, in April 2019, the production of crude steel, pig iron and steel in industrial enterprises above designated size accelerated, and the average daily output of steel products reached a new high.

The international steel market in early May continued to decline.

Smederevo is located about 60 km southwest of Belgrade, the Serbian capital. In this small town of about 100,000 people, there are 9 Chinese people who manage a steel mill that affects the livelihood of one-fifth of the local population.

Russia's domestic stainless steel production increased by 2.1%, exports increased by 18%, and imports increased by 7.2%. 77% of Russian stainless steel consumption depends on imports. The import volume is about 393,300 tons.

According to statistics released by Posco, the largest steel company in South Korea, in the first quarter of 2019, Posco's steel sales reached 16.01 trillion wo

In April, key steel enterprises sold 2,879,100 tons of steel billets, an increase of 281,100 tons over the same period of last year, an increase of 11.21%.

The Brazilian Minister of Mines said that due to the impact of the dam break in the freshwater valley at the beginning of the year and the subsequent stoppage of the mine

This round of iron ore skyrocketing market is mainly affected by the contradiction between supply and demand.

Goldman Sachs analysts raised their price expectations for iron ore, saying that China’s unexpected increase in iron ore use is increasing supply shortages.

In April 019, the global crude steel output of the countries included in the World Steel Association statistics was 156.7 million tons, an increase of 6.4% year-on-year.

According to a report released by POSCO, the output of stainless steel in the first quarter of 2019 was 498,000 tons

Britain's second-largest steel producer, British Steel, announced on the 22nd that it would start bankruptcy proceedings and be taken over by the government's official receiver.

On May 22, the National Mining Development Corporation of India (NMDC) said that in April this year, the company's iron ore output was 2.9 million tons.

ArcelorMittal, the world's largest steelmaker, announced on Wednesday that it will cut its steel production at its European plants to cope with weak demand and increased imports.

In the first four months of 2019, the import of iron ore and concentrates at Shandong Port was 64.391 million tons.

China Steel Association: the average daily output of crude steel in key steel enterprises in mid-May was 2.038 million tons

According to the data of the General Administration of Customs on June 10, China exported 5.743 million tons of steel in May 2019

Statistics from the Brazilian Ministry of Foreign Trade show that in May, the country’s iron ore exports were 29 million tons, down 16.2% year-on-year.

The steel industry still plays an important role in the world economy

Iron ore futures prices have risen by 75% so far this year, and rebar prices have recorded a modest increase of over 19.4%.

Vietnam presses the “pause button” for overseas steel investment?

Although India's domestic steel demand has shrunk, steel imports have grown a lot, especially from South Korea. From the data point of view, India's imports of steel from China have decreased, but the increase in steel imports from South Korea and Japan to make up for this gap.

According to the World Steel Association, in May 2019, the global crude steel output of 64 countries included in the World Steel Association statistics was 162.7 million tons, up 5.4% year-on-year.

China Steel Association: Analysis of steel stocks in June

The drop in demand coupled with the increase in US steel production has led to a sharp oversupply of steel and a sharp fall in prices since the beginning of the year.

Ministry of Commerce: Steel prices rebounded slightly last week

Iron ore prices are close to historical highs and are expected to continue to rise

Global direct reduced iron production shows a rapid growth trend

The average price of imported iron ore in China in June was US$97.5/ton