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US mills produced 1.737 million tons of steel in week ended May 27, up 0.5% from previous week but down 1.9% from a year ago; steel production in Great Lakes region declined by 8,000 tons, the fourth straight weekly decrease: AISI

AISI releases 2022 Annual Statistical Report showing a 5.5% drop in shipments from domestic steel mills, a 6.2% decrease in US raw steel production, and an increase in finished steel imports capturing a 24% share of apparent steel consumption.

Wells Fargo: While EMEA and APAC regions are improving, volume weakness in North America is expected for Greif, with slower industrial production and de-stocking; despite challenging macro and falling containerboard prices, fiscal year guide attainable

US chemical railcar loadings for week ended May 27 down 4.6% year-over-year, according to Association of American Railroads; in Texas manufacturing survey, chemical companies note below-expected volume rebound and erratic orders: ACC

Reduced packaging demand rippling across paper industry, as packaging comprises 73% of North America pulp, paper mill capacity, particularly mills, forest owners in US South; increased pulp supply in packaging sector with lower demand pinching industry

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