World crude steel output increases by 4.9 percent in H1

Friday, 26 July 2019 17:40:39 (GMT+3)   |   Istanbul
       

Global crude steel production in June this year decreased by 2.3 percent month on month and increased by 4.6 percent year on year to 158.98 million metric tons, according to the World Steel Association (worldsteel).

In the first half of this year, global crude steel production increased to 925.06 million mt, up 4.9 percent year on year.

In the January-June period, crude steel output in Asia amounted to 660.17 million mt, rising by 7.4 percent, with 492.17 million mt produced by China, up 9.9 percent, 51.08 million mt produced by Japan, decreasing by 3.6 percent, 56.96 million mt produced by India, rising by five percent, and 36.44 million mt produced by South Korea, up by 1.1 percent - with all comparisons on year-on-year basis.

EU-28 countries produced 84.74 million mt of crude steel in the first half of this year, down by 2.5 percent year on year. In the given period, Germany's output was 20.72 million mt, falling by 5.1 percent year on year, Italy's crude steel output was 12.56 million mt, down by two percent year on year, and France's crude steel output amounted to 7.7 million mt, down by 3.5 percent year on year.

Turkey produced 17 million metric tons of crude steel in the first half of this year, with a 10.1 percent decrease from the same period last year. Iran's crude steel production in the first half of this year amounted to 12.78 million mt, up by 5.6 percent year on year. The CIS registered a crude steel output of 50.5 million mt, remaining stable on year-on-year basis, with Russia producing 35.75 million mt, down 0.7 percent, and Ukraine producing 10.93 million mt, rising by 5.2 percent, both on year-on-year basis.

In North America in the first half of this year, crude steel output totaled 60.13 million mt, increasing by 1.4 percent, with the US producing 44.34 million mt, rising by 5.4 percent, and Mexico producing 9.65 million mt, down by 7.5 percent, all on year-on-year basis. Crude steel output in South America in the January-June period of this year amounted to 21.5 million mt, falling by three percent from the same period of 2018, with Brazil's output totaling 17.24 million mt, declining by 1.4 percent year on year.


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