Global crude steel production in August this year decreased by 1.9 percent month on month and rose by 2.6 percent year on year to 151.7 million metric tons, according to the World Steel Association (worldsteel). In the January-August period of this year, global crude steel production increased to 1.19 billion mt, up by 4.7 percent year on year.
In August this year, crude steel output in Asia amounted to 108.34 million mt, rising by 2.9 percent, with 80.33 million mt produced by China, up 2.7 percent, 8.8 million mt produced by Japan, increasing by 0.9 percent, 8.84 million mt produced by India, increasing by 3.7 percent, and 6.1 million mt produced by South Korea, remaining stable - with all comparisons on year-on-year basis.
EU-28 countries produced 12.59 million mt of crude steel in August, up by 1.4 percent year on year. In August, Germany's output was 3.9 million mt, rising by 7.5 percent year on year, Italy's crude steel output was 1.16 million mt, up by six percent year on year, and France's crude steel output amounted to 944.000 mt, down by 16.8 percent year on year.
Turkey produced 3 million metric tons of crude steel in August, with a 5.7 percent decrease from August last year. Iran's crude steel production in August amounted to 1.98 million mt, up nine percent year on year. The CIS registered a crude steel output of 8.69 million mt in August, remaining unchanged on year-on-year basis, with Russia producing 6.17 million mt, falling by 0.1 percent, and Ukraine producing 1.78 million mt, down by 3.7 percent, both on year-on-year basis.
In North America in August, crude steel output totaled 10.28 million mt, increasing by 4.6 percent, with the US producing 7.46 million mt, rising by 5.1 percent, and Mexico producing 1.75 million mt, up by seven percent, all on year-on-year basis. Crude steel output in South America in August amounted to 3.83 million mt, rising by 2.3 percent from August last year, with Brazil's output totaling 3.02 million mt, increasing by 2.2 percent year on year.