Global crude steel output up again in February 2005

Monday, 21 March 2005 11:21:05 (GMT+3)   |  

Global crude steel output up again in February 2005

Data released by the International Iron and Steel Institute (IISI) show that global crude steel production amounted to 83.9 million metric tons in February 2005, up 3.7% year-on-year. For the first two months of the year, global crude steel production rose 6.2% year-on-year to 173.98 million metric tons. China produced 24.8 million metric tons of crude steel in February, up 21.2% on the same month in 2004. Total production for the Asian region was 41.4 million metric tons, a rise of 10.3% on February 2004. Production in the 25 member states of European Union totaled 15.1 million metric tons in February. Production declined in France (-4.2%), Germany (-1.4%) and the UK (-5.8%) compared to the same period in 2004. However, Italy saw a 3.1% increase in crude steel production. Crude steel production fell 6.7% in Canada and 3% in the US. On the other hand, Iran produced 786'000 metric tons of crude steel in February, a rise of 13.4% year-on-year.

Global crude steel production (in thousands of metric tons)

        February  January  February  %change       2 months
         2005      2005      2004   Feb-05/04    2005     2004  %change

Other
Europe     2.133    2.300   2.160    -1.2        4.433    4.452  -0.4
EU (15)   13.238   14.382  13.370    -1.0       27.619   27.190   1.6
EU (25)   15.106   16.440  15.376    -1.8       31.546   31.270   0.9
C.I.S      8.545    9.453   8.769    -2.6       17.998   18.052  -0.3
N.America 10.091   11.248  10.397    -2.9       21.338   21.010   1.6
S.America  3.462    3.645   3.627    -4.5        7.107    7.314  -2.8
Africa     1.311    1.393   1.276     2.8        2.704    2.635   2.6
MiddleEast 1.193    1.161   1.100     8.4        2.355    2.182   7.9
Asia      41.382   43.521  37.518    10.3       85.091   75.414  12.8
Ocenia       668      737     692    -3.5        1.405    1.429  -1.7
Total 61  83.892   89.897  80.915     3.7      173.977  163.758   6.2 
countries

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