Global crude steel production in August this year increased by 2.2 percent year on year and was down by 3.7 percent month on month to 152.6 million mt, according to the World Steel Association (worldsteel).
In the January-August period this year, global crude steel production increased by 0.2 percent year on year to 1.25 billion mt.
In August, crude steel output in Asia amounted to 115.7 million mt, up 3.5 percent, with China’s output at 86.4 million mt, up 3.2 percent, with 7.1 million mt produced by Japan, decreasing by 2.9 percent, 11.9 million mt produced by India, rising by 17.4 percent, and 5.6 million mt produced by South Korea, moving down by 5.9 percent - with all comparisons on year-on-year basis.
EU-27 countries produced 9.1 million mt of crude steel in August, down by 4.4 percent year on year. In the given period, Germany’s output amounted to 2.8 million mt, down one percent year on year.
Turkey produced 2.8 million mt of crude steel in August with a 2.9 percent decrease compared to the same month in the previous year. The CIS registered a crude steel output of 7.5 million mt, advancing by 10.7 percent on year-on-year basis, with Russia’s estimated output at 6.4 million mt, up 8.9 percent year on year.
In North America, in August, crude steel output totaled 9.2 million mt, falling by 2.6 percent, with the US producing seven million mt, growing by 1.1 percent, both year on year. Crude steel output in South America in August amounted to 3.4 million mt, decreasing by 8.1 percent compared to the same month in the previous year, with Brazil’s output totaling 2.7 million mt, falling by 5.9 percent year on year.
In the given month, Africa produced 1.5 million mt of crude steel, growing by 16.1 percent year on year. In the Middle East, crude steel output totaled 2.8 million mt, moving down by 16.0 percent.