Global crude steel output for July 2005

Friday, 19 August 2005 11:02:31 (GMT+3)   |  

Global crude steel output for July 2005

China made up for stagnant growth in steel output around the world in July by posting a strong year-on-year gain in production. China's 28.6 percent year-on-year growth in crude steel production in July helped pushed worldwide growth to 4.5 percent. Without China, global steel production grew a miniscule 0.02 percent. Data released by the International Iron and Steel Institute (IISI) show that global crude steel production amounted to 90.3 million metric tons (mmt) in July 2005. For the first seven months of the year, global crude steel production rose 6.9 percent year on year to 636.2 mmt. China, with production of 29.2 mmt of crude steel in July, was again the largest crude steel producing country. Year-to-date production reached 193.8 mmt, up 28.1 percent from a year earlier. China's steel output is expected to reach 330 million tons this year, or 60 million tons more than 2004. European crude steel production shows a decline due to the summer holidays. Crude steel production in Germany fell 10.4 percent year on year to 3.5 mmt. The UK produced 1.0 mmt of crude steel in July, 9.4 percent lower than July 2004. Crude steel production in the US fell 9.1 percent year on year to 7.6 mmt in July. For the first seven months of the year, total production also dropped 4.7 percent year on year to 54.5 mmt.

Global crude steel production (in thousands of metric tons)

           July    June    July     %change         7 months
           2005    2005    2004    July-05/04    2005     2004  %change

Other
Europe     2.347    2.393   2.428    -3.3       16.562   16.600  -0.2
EU (15)   12.756   13.433  13.736    -7.1       97.670   99.153  -1.5
EU (25)   14.406   15.117  15.905    -9.4      110.625  114.083  -3.0
C.I.S      8.400    8.129   9.376   -10.4       63.466   64.677  -1.9
N.America 10.199    9.834  11.170    -8.7       74.278   77.067  -3.6
S.America  3.696    3.673   3.982    -7.2       26.415   26.370   0.2
Africa     1.550    1.508   1.404    10.4       10.491    9.461  10.9
MiddleEast 1.211    1.195   1.125     7.6        8.460    7.829   8.1
Asia      47.771   47.049  40.413    18.2      320.911  274.039  17.1
Ocenia       740      716     632    17.1        5.009    4.902   2.2
Total 61  90.320   89.614  86.436     4.5      636.216  595.027   6.9 
countries

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