World crude steel output up 0.4 percent in January-November

Wednesday, 21 December 2016 15:47:05 (GMT+3)   |   Istanbul
Global crude steel production in November this year increased by five percent year on year to 132.4 million metric tons, according to the World Steel Association (worldsteel). In the given month, the average capacity utilization of steel mills across the globe was 69.6 percent, up from 67.1 percent recorded in November 2015 and down 0.1 percentage point compared to October this year.
 
In the January-November period of this year, global crude steel production increased to 1.47 billion mt, up 0.4 percent year on year.
 
In November this year, crude steel output in Asia amounted to 91.07 million mt, up 4.7 percent, with 66.29 million mt produced by China, up five percent, 8.62 million mt produced by Japan, decreasing by 1.4 percent, 8.01 million mt produced by India, up 10.7 percent, and 5.77 million mt produced by South Korea, falling by 1.3 percent - with all comparisons on year-on-year basis.
 
EU-28 countries produced 13.49 million mt of crude steel in November, up 2.6 percent year on year. In November, Germany's output was 3.33 million mt, falling by 4.2 percent year on year, Italy's crude steel output was 2.08 million mt, up 11.2 percent year on year, and France's crude steel output amounted to 1.32 million mt, up 11.8 percent year on year.
 
Turkey produced 2.91 million metric tons of crude steel in November, with a 10.4 percent increase from the same month in 2015. Iran's crude steel production in November this year amounted to 1.58 million mt, up 26.3 percent year on year. The CIS registered a crude steel output of 8.55 million mt in November, up 4.2 percent year on year, with Russia producing 5.97 million mt, increasing by five percent, and Ukraine producing 1.95 million mt, up 3.1 percent, both on year-on-year basis.
 
In North America in November, crude steel output totaled 8.84 million mt, up 6.5 percent, with the US producing 6.23 million mt, increasing by 6.8 percent, and Mexico producing 1.63 million mt, up 19.9 percent, all on year-on-year basis. Crude steel output in South America in November amounted to 3.18 million mt, down 8.1 percent from November 2015, with Brazil's output totaling 2.43 million mt, decreasing by 4.8 percent year on year.

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