Global crude steel output reaches half a billion mts in H1
International Iron and Steel Institute (IISI) announced the first six month global crude steel
production. Accordingly, global crude steel
production reached 503.3 million mts in the first six months of the year with an increase of 7.9% compared to 466.5 million mts recorded in the same period of last year. June crude steel
production was also up by 6.2% to 83.9 million mts.
China produced 20.8 million mts of crude steel in June. This figure was 13.8% higher than previous year, but 1.2% lower than the previous month. Country's cumulative
production hit 124.7 million mts, up by 21.1% from a year earlier.
Crude steel
production in Asia rose to 38.4 million mts in June with an increase of 8.2%. Year-to-date
production recorded a 11.9% increase and reached 229.9 million mts. Asia accounted for 45.7% of global
production in the first six months of 2004.
In the
Middle East, crude steel output rose by 5.3% compared to June 2003 and 4.7% year-to-date.
Iran produced 770'000 tons of crude steel
production in June, up by 9.7% on annual basis.
June May June %change 6 months
2004 2004 2003 Jun-04/03 2004 2003 %change
Other
Europe 2.415 2.391 2.110 14.4 14.057 12.487 12.6
EU (15) 14.184 14.694 13.113 8.2 84.916 82.053 3.5
EU (25) 16.284 16.895 15.137 7.6 97.663 93.680 4.3
C.I.S 9.242 9.333 8.923 3.6 55.301 51.865 6.6
N.America 10.532 11.143 10.445 0.8 65.005 62.999 3.2
S.America 3.728 3.723 3.629 2.7 22.282 21.192 5.1
Africa 1.388 1.408 1.370 1.3 8.101 8.180 -1.0
MiddleEast 1.171 1.115 1.112 5.3 6.703 6.405 4.7
Asia 38.445 39.072 35.517 8.2 229.978 205.552 11.9
Ocenia 652 703 683 -4.6 4.239 4.133 2.6
Total 62 83.856 85.783 78.926 6.2 503.329 466.493 7.9
countries