Global crude steel production in February this year decreased by 7.8 percent month on month and rose by 2.1 percent year on year to 142.4 million metric tons, according to the World Steel Association (worldsteel).
In February this year, crude steel output in Asia amounted to 101.68 million mt, rising by 4.5 percent, with 74.77 million mt produced by China, up five percent, 7.92 million mt produced by Japan, increasing by 2.2 percent, 9.56 million mt produced by India, rising by 1.5 percent, and 5.38 million mt produced by South Korea, up by 2.1 percent - with all comparisons on year-on-year basis.
EU-28 countries produced 12.28 million mt of crude steel in February, down by nine percent year on year. In the given period, Germany's output was 2.92 million mt, falling by 12 percent year on year, Italy's crude steel output was 2.05 million mt, increasing by 0.1 percent year on year, and France's crude steel output amounted to 1.23 million mt, down by 1.3 percent year on year.
Turkey produced 2.85 million metric tons of crude steel in February, with a 8.2 percent increase from the same month of last year. Iran's crude steel production in February amounted to 2.71 million mt, up by 34.3 percent year on year. The CIS registered a crude steel output of 7.94 million mt, rising by 0.1 on year-on-year basis, with Russia producing 5.61 million mt, down 2.3 percent, and Ukraine producing 1.71 million mt, up by 1.2 percent, both on year-on-year basis.
In North America in February, crude steel output totaled 8.68 million mt, decreasing by 10.6 percent, with the US producing 7.17 million mt, rising by three percent, and Mexico producing 1.34 million mt, down by 19.3 percent, all on year-on-year basis. Crude steel output in South America in February amounted to 3.38 million mt, falling by 0.9 percent from February 2019, with Brazil's output totaling 2.7 million mt, declining by 1.3 percent year on year.