The reporter learned from the official website of the World Iron and Steel Association (WSA) that the worldsteel released the steel industry outlook on October 16.

The World Steel Association said that global steel demand will increase by 1.4% to 1.681 billion tons next year, and global steel demand will increase by 3.9% to 1,657.9 million tons this year.

The World Steel Association today released the results of the global short-term steel demand forecast for 2018-2019. According to forecasts, global steel demand in 2018 will reach 1,657.9 million tons, an increase of 3.9%. Global steel demand will increase by 1.4% in 2019 to reach 1.6812 billion tons.

On October 15, Vale released its third-quarter production and sales report. According to the report, in the third quarter, the output of iron ore in Vale exceeded 100 million tons, reaching 104.9 million tons, and the annual production capacity reached 400 million tons.

In September 2018, the global crude steel output of 64 countries included in the World Steel Association statistics was 151.7 million tons, an increase of 4.4% year-on-year.

In the week ending October 20, 2018, the domestic domestic crude steel output was 1.875 million short tons, and the capacity utilization rate was 80%.

On October 16, Rio Tinto released its third quarter production performance report. In the third quarter, Rio Tinto's iron ore production (100% basis) reached 82.5 million tons, down 3% year-on-year and 3% lower than the second quarter.

According to the Brazilian Iron and Steel Association (IABr), in the first nine months, Brazil's crude steel output was 26.1 million tons, an increase of 2.5%.

The international steel market in October was generally weak. At the end of the month, the global steel benchmark price index of 122.6 points fell by 1.5% month-on-month (expanded), up 5.7% year-on-year and up 18.7% year-on-year.

Germany's "Business Daily" reported on October 22 that Germany established a steel alliance to defend the future market position of the steel industry.

According to data released recently by the Korea Iron and Steel Association, in September, South Korea's electro-galvanized steel sheet (EGI) exports were 76,400 tons, up 2.6% year-on-year;

At the first National Steel Summit in Saarbrücken on Monday, government representatives from Saarland, North Latitude, Brandenburg and Lower Saxony, as well as Bremen and Hamburg signed an agreement to set up steel alliance.

According to the latest news released by the association recently, in the first three quarters of this year, the global crude steel production reached 1,346.99 billion tons.

The Luxembourg-based steelmaker is selling Luxembourg's Liberty House Group ArcelorMittal Dudelange, as well as Flemalle's two hot dip galvanizing lines and Tilleur's hot-rolled pickling, cold-rolling and tin packaging lines in Belgium. However, the sale price was not disclosed.

The economies of Southeast Asian countries started relatively late, and the economic base was generally weak, especially the development of the steel industry lags behind.

According to data released by the General Administration of Customs on November 8, China imported 23.079 million tons of coal in October, an increase of 1.799 million tons, up 8.45%; a decrease of 2.058 million tons, down 8.19%. From January to October, the country imported a total of 25,204 million tons of coal, an increase of 11.5%.

In the analysis and forecast of the trend of the coke market in the later period, the operators and the industry generally believe that from the perspective of supply and demand, the coke market will maintain a stable and stable operation in the short term, and the price will rise steadily and will not appear obvious.

This week (November 5th to November 9th) the iron ore market was generally oscillating.

In the first half of this year, demand for steel in Thailand increased significantly, up 1.5% year-on-year to 8.48 million tons.

The Latin American Iron and Steel Association (Alacero) recently estimated that Latin America's steel imports this year will reach 23.5 million tons, down 6.5% year-on-year; crude steel production will reach 66.3 million tons, up 3%.

Recently, with the deepening of economic globalization and the continuous adjustment of the division of labor in the global industrial chain, the low-cost human resources and other factors in Southeast Asia have attracted a large number of investments, which has accelerated the industrialization process in the region and driven the demand for steel products.

On the supply side, steel production is concentrated in Malaysia, Vietnam, Thailand and Indonesia. In 2016, the crude steel products of Vietnam, Indonesia, Malaysia and Thailand were 7.81 million, 4.75 million, 2.76 million and 3.83 million respectively.

Tokyo Steel's monthly pricing strategy is closely watched by South Korean competitors such as Posco, Hyundai Steel Co, and Baoshan Iron & Steel Co.

In September, the Korean H-beam market price was around 880,000 won / ton (about 779.19 US dollars / ton).

In October, sales of galvanized steel sheets in Korea were 587,700 tons, down 8.7% from the same period last year. According to relevant data, shipments of galvanized steel in Korea totaled 337,500 tons, down 10.9% year-on-year and 17.5% quarter-on-quarter; export volume was 246,200 tons, down 5.5% year-on-year and 23.8% quarter-on-quarter.

After finishing with black wire welding precision, after galvanizing by galvanizing plant.

In October 2018, the global crude steel output of 64 countries included in the World Steel Association statistics was 156.6 million tons, up 5.8% year-on-year.

It was learned that the data released by Inda, the Brazilian steel distributors association, showed that the import volume of Brazilian distributors in October was down from the previous month.

According to customs statistics, the country imported 250 million tons of coal in the first 10 months, a year-on-year increase of 11.5%.

According to data released recently by the Korea Iron and Steel Association, in October, exports of Korean steel and scrap and other raw materials increased slightly, reaching 2.573 million tons, an increase of 3.1%. Driven by rising steel prices in China, the volume of steel and scrap shipped to China increased by 28.8% year-on-year to a total of 416,200 tons.

At the end of November, India’s national steel policy had predicted that India’s crude steel production target would be 300 million tons by the 2030-31 fiscal year.

Recently, India's Joint Plant Committee released data showing that in October 2018, India's steel exports were 596,000 tons, down 23.4% year-on-year.

According to news released by the Korean media a few days ago, South Korea faces serious problems in employment, investment and consumption. South Korean steel growth may slow down in 2019. In the medium and long term, the Korea Economic Confidence Index (ESI) will be below average.

According to news released by the Korean media a few days ago, South Korea faces serious problems in employment, investment and consumption. South Korean steel growth may slow down in 2019. In the medium and long term, the Korea Economic Confidence Index (ESI) will be below average.

CIS HRC prices continued to weaken, but with the short-term rise in Chinese prices last week, some mills have tried to raise prices slightly.

According to Nigeria's "Daily Times" reported on December 10, Africa Natural Resources and Mining Co., Ltd. decided to invest 600 million US dollars (183 billion naira) in Kaduna State to set up an ore mining and smelting integrated processing enterprise.