World crude steel output down one percent in February

Thursday, 23 March 2023 15:52:03 (GMT+3)   |   Istanbul
       

Global crude steel production in February this year decreased by one percent year on year to 142.4 million mt, according to the World Steel Association (worldsteel).

In the January-February period this year, global crude steel production decreased by 0.8 percent year on year to 297.8 million mt.

In February, crude steel output in Asia amounted to 106.6 million mt, up three percent, with China’s estimated output at 80.1 million mt, up 5.6 percent, 6.9 million mt produced by Japan, decreasing by 5.3 percent, 10.0 million mt produced by India, decreasing by one percent, and 5.2 million mt produced by South Korea, rising by 1.1 percent - with all comparisons on year-on-year basis.

EU-27 countries produced 10.5 million mt of crude steel in February, down by 12.6 percent year on year. In the given period, Germany’s output was three million mt, down 6.9 percent year on year.

Turkey produced 2.1 million mt of crude steel in February, with a 28.9 percent decrease compared to the same month in the previous year. The CIS registered a crude steel output of 6.4 million mt, dropping by 21.3 percent on year-on-year basis, with Russia’s estimated output at 5.6 million mt, down 8.6 percent year on year.

In North America, in February, crude steel output totaled 8.3 million mt, falling by 5.5 percent, with the US producing six million mt, falling by 5.3 percent, both year on year. Crude steel output in South America in February amounted to 3.2 million mt, decreasing by 3.1 percent compared to the same month in the previous year, with Brazil’s output totaling 2.5 million mt, falling by 6.7 percent year on year.

In the given month, Africa produced 1.1 million mt of crude steel, down by 11.9 percent year on year. In the Middle East, crude steel output totaled 3.5 million mt, rising by 11.5 percent, with Iran’s estimated output at 2.4 million mt, increasing by 14.6 percent, both year on year.


Similar articles

Ukraine’s Zaporizhstal completes first stage of BF No. 3 overhaul

29 Mar | Steel News

Japanese crude steel output down 3.8 percent in February from January

27 Mar | Steel News

CISA mills’ daily steel output down 0.51 percent in mid-March

26 Mar | Steel News

US raw steel production down 0.6 percent week-on-week

25 Mar | Steel News

Argentina’s crude steel production declines sharply in February

25 Mar | Steel News

German crude steel output increases by 4.6 percent in January-February

25 Mar | Steel News

Brazilian crude steel production increases in February

22 Mar | Steel News

World crude steel output up 3.7 percent in February

22 Mar | Steel News

Liquid steel consumption in Mexico rises while production falls in January

21 Mar | Steel News

Ukraine’s ArcelorMittal Kryvyi Rih posts lower pig iron output due to Russia’s attacks on energy infrastructure

21 Mar | Steel News