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11 said global crude steel production continued to be substantially reduced. According to World Steel Association, in November 2008 crude steel production in 66 countries worldwide 89.04 million tons, up 19% lower; first 11 months of 2008, global crude steel production of 1,224,600,000 tons, up 0.9%. In which crude steel production in Asia in November totaled 54.06 million tons, up 11.4% decrease; EU-27 crude steel output of 13.01 million tons, up 24.8% decrease; CIS crude steel production of 5.77 million tons 6 countries, up 43.1% decrease; North America, crude steel production of 7.74 million tons, up 30.4% reduction. This week Steel House (Global) steel benchmark price index fell slightly, to 19 December, the global steel price index to 123.42 points, Zhou chain fell 1.68%; which American steel price index to 136.32 points, Zhou chain fell 7.65%; European steel price index 114.08 points, Zhou chain fell 0.72%; Asia steel price index 125.63 points, Zhou chain fell 0.21%; sub varieties, plate price index 117.34 points, Zhou chain fell 3.65%; long products price index 131.02 points, Zhou chain rose 1.5%. A North American steel market dynamics Continued weakness in demand, continued low prices of hot-dip galvanizing the United States. The current U.S. price of hot-dip galvanizing than two weeks ago, down 44 U.S. dollars / ton steel thermal Midwest Galvanizing volumes The price of 661-705 U.S. dollars / ton, 0.019 * 48 models of hot galvanized G90 price 860-904 U.S. dollars / ton, the same material in China and India's offer of 838-882 U.S. dollars / ton. In addition, the United States AZ550 .019 * 48 models priced at 904-948 U.S. dollars / ton, compared with two weeks ago, down 88 U.S. dollars / ton. U.S. crude steel production continued to decline. American Iron and Steel Association, according to data released last week, U.S. crude steel production decreased 17 weeks straight, is rarely seen in the past 25 years. December 13, 2008 the end of the week, the U.S. produced 1.17 million tons of crude steel, chain 1.2% lower than the highest yield in 2008 (August 16, 2008 ended the week up to 2.167 million short tons production) decreased 45% . Meanwhile, the steel mills to adjust production according to demand, capacity utilization to 88.1% from the same period last year fell to 49.0%, it was the lowest since February 1983 the capacity utilization. Since 2008 production has been significantly below last year, nearly 4.8 million gap between short tons, up about 5% decline. Ended December 13, the United States in 2008 to 98.3 million short tons of crude steel production, compared to 103 million short tons; this year, the average capacity utilization was 82.9%, 87% last year. Inventory, the 11 end of the United States metal service center inventories of steel to reach 9.1 million short tons, 10 at the end of the chain down 9%, down 11%, lower than the previous four consecutive months. As demand falls, in November the U.S. service center shipments fell to 2.71 million short tons, down 32.7% over the same period last year, the chain fell 24.7% in October, the highest to the lowest level in 16 years. According to the number of days supply, 11 at the end of the steel stocks was 3.4 months supply at the end of last year was 2.6 months, 11 supply 10 at the end of this year to 2.8 months supply. Second, the European steel market dynamics EU steel mills will continue to use trade defense mechanism against low-cost producers from overseas competition. Steel during the representative said the downturn in the market, the EU industry needs to protect their market share. European steel company has been at a competitive disadvantage, blast furnace steel mills have to import Iron ore , Coke and ferro-alloys, have to pay expensive shipping costs, and the EU high energy costs and labor costs, and may also be forced to pay the environmental costs. While those with low-cost advantages of overseas steel enterprises large exports to the EU, has seriously damaged the interests of European steel companies. New steel plant in Brazil and India have advanced production equipment, but it has plenty of cheap local raw material resources, if these areas are exported steel products, will create enormous pressure on the EU steel business. I am an expert from carreplacementkeys.com, while we provides the quality product, such as automobile key blanks , automotive key blanks, auto key blanks,and more.
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