World crude steel output up 16.5 percent in May

Tuesday, 22 June 2021 14:49:07 (GMT+3)   |   Istanbul
       

Global crude steel production in May this year increased by 16.5 percent year on year to 174.4 million metric tons, according to the World Steel Association (worldsteel).

In the January-May period this year, global crude steel production totaled 837.5 million mt, up by 14.5 percent year on year.

In May, crude steel output in Asia amounted to 128.4 million mt, rising by 11.7 percent, with 99.5 million mt produced by China, up 6.6 percent, 8.4 million mt produced by Japan, increasing by 42.2 percent, 9.2 million mt produced by India, increasing by 46.9 percent, and 6.0 million mt produced by South Korea, rising by 10.5 percent - with all comparisons on year-on-year basis.

EU-27 countries produced 13.5 million mt of crude steel in May, up by 32.7 percent year on year. In the given period, Germany’s output was 3.5 million mt, rising by 35.5 percent year on year.

Turkey produced 3.2 million metric tons of crude steel in May, with a 42.4 percent increase from the same month in the previous year. The CIS registered a crude steel output of 9.1 million mt, increasing by 14.8 percent on year-on-year basis, with Russia producing 6.6 million mt, up by 14.0 percent year on year.

In North America in May, crude steel output totaled 10.1 million mt, rising by 47.7 percent, with the US producing 7.2 million mt, rising by 47.6 percent, both year on year. Crude steel output in South America in May amounted to 3.9 million mt, increasing by 49.7 percent from May last year, with Brazil’s output totaling 3.2 million mt, rising by 40.1 percent year on year.

In the given month, Africa produced 1.3 million mt of crude steel, up by 65.1 percent year on year. In the Middle East in May, crude steel output totaled 3.7 million mt, rising by 16.8 percent, with Iran producing 2.6 million mt, increasing by 7.7 percent, both year on year.


Similar articles

Vietnam’s Hoa Phat Group sees higher net profit and revenue in Q1

17 Apr | Steel News

Brazilian crude steel production increases in March

16 Apr | Steel News

China’s crude steel output down 1.9% in Q1, steel prices start to rebound in April

16 Apr | Steel News

SAIL’s Bhilai mill achieves highest-ever crude steel output in FY 2023-24

16 Apr | Steel News

CISA mills’ daily steel output down 0.47% in early April, inventory down 0.94%

16 Apr | Steel News

UNESID cautiously optimistic for Spanish steel sector in 2024

16 Apr | Steel News

US raw steel production down 1.1 percent week-on-week

15 Apr | Steel News

Liquid steel production in Mexico falls to 40-month low in February

12 Apr | Steel News

Ukraine’s pig iron output up 32.1 percent in Q1

10 Apr | Steel News

Ansteel’s crude steel output up 0.15 percent in 2023

09 Apr | Steel News