Based on preliminary Census Bureau data, the American Iron and Steel Institute (AISI) reported that the U.S. imported a total of 2,351,000 net tons (NT) of steel in November 2015, including 1,921,000 NT of finished steel (down 22.7 percent and 15.6 percent, respectively, vs. October final data).
Based on the Commerce Department’s most recent Steel Import Monitoring and Analysis (SIMA) data, the American Iron and Steel Institute (AISI) reported that steel import permit applications for the month of December total 2,551,000 net tons (NT).
United States Steel Corporation will temporarily idle its Granite City Works steelmaking and finishing operations in Granite City, Illinois.
Commercial Metals Company (CMC) disclosed financial results for its first quarter ended November 30, 2015. Net earnings attributable to CMC for the three months ended November 30, 2015 were $25.1 million ($0.21 per diluted share) on net sales of $1.2 billion.
World crude steel production for the 66 countries reporting to the World Steel Association was 127 million tons (Mt) in November 2015, a -4.1 percent decrease compared to November 2014.
The Brazilian Aluminum Association (ABAL) and the Brazilian Association of Highly Recyclable Cans Manufacturers report that in 2014 the country recycled 289,500 tons of aluminum beverage cans out of the 294,200 tons available in the market, a growth of 12.5 percent over the previous year.