Global crude steel output figures for July 2004

Thursday, 19 August 2004 15:55:00 (GMT+3)   |  
       

Global crude steel output figures for July 2004

The data released by the International Iron and Steel Institute (IISI) shows that global crude steel production reached 589.7 million mts in the first seven months of the year, up by 8.2% compared to the same period of last year. July crude steel production was recorded as 85.6 million net tons with an increase of 9% from a year earlier. China again showed strong growth with production of 22 million mts of crude steel in July, a rise of 20.3% on July 2003. Country's cumulative production hit 146.7 million mts, up by 21% from a year earlier. In July, China's production accounted for 25.7% of world production. Crude steel production in the 25 member states of European Union increased by 9.8% to 16.1 million mts in July. Year-to-date production recorded a 5.2% increase and reached 113.9 million mts. In Turkey, crude steel production soared by 12.1% to 11.8 million mts in the first seven months of the year. Turkey produced 1.8 million mts of crude steel in July. July production in North America amounted to 10.8 million mts. This figure was 8.4% higher than the 9.99 million mts recorded in the same period of last year. The US produced 8 million mts of crude steel in July with a rise of 7.4% from a year ago.

          July     June    July    %change         7 months 
          2004     2004    2003    Jul-04/03     2004    2003   %change

Other
Europe     2.436    2.453   2.215    10.0       16.625   14.702  13.1
EU (15)   13.889   14.342  12.525    10.9       98.972   94.570   4.7
EU (25)   16.051   16.456  14.613     9.8      113.894  108.285   5.2
C.I.S      9.368    9.242   9.120     2.7       64.669   60.862   6.3
N.America 10.823   11.024   9.985     8.4       76.268   72.955   4.5
S.America  3.980    3.839   3.754     6.0       26.388   24.947   5.8
Africa     1.391    1.361   1.347     3.3        9.481    9.528  -0.5
MiddleEast 1.126    1.171   1.146    -1.8        7.829    7.551   3.7
Asia      39.751   38.429  35.668    11.4      269.655  241.234  11.8
Ocenia       627      652     673    -6.9        4.866    4.806   1.2
Total 62  85.553   84.627  78.522     9.0      589.675  544.869   8.2
countries

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