World crude steel output down 2.1 percent in January-July

Thursday, 20 August 2015 17:42:39 (GMT+3)   |   Istanbul
       

Global crude steel production in July this year decreased by 3.8 percent year on year and by 2.2 month on month to 133 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 68.4 percent, 3.8 percentage points lower compared to July 2014 and down 5.26 percentage points compared to June this year.
 
In the January-July  period of this year, global crude steel production decreased to approximately 945.84 million mt, down 2.1 percent year on year.
 
In July this year, crude steel output in Asia amounted to 90.25 million mt, down 3.7 percent, with 65.84 million mt produced by China, down 4.6 percent, 8.84 million mt produced by Japan, decreasing by 4.9 percent, 7.66 million mt produced by India, up 1.2 percent, and 6.06 million mt produced by South Korea, increasing by 1.7 percent - with all comparisons on year-on-year basis.
 
EU-28 countries produced 13.89 million mt of crude steel in July, up 0.2 percent year on year. In July, Germany's output was 3.61 million mt, rising by 4.7 percent year on year, Italy's crude steel output was 1.85 million mt, declining by 11.6 percent year on year, and France's crude steel output amounted to 1.42 million mt, down 1.4 percent year on year.
 
Turkey produced 2.54 million metric tons of crude steel in July, with a 10.4 percent decrease from the same month in 2014. Iran's crude steel production in July this year amounted to 1.27 million mt, down 1.3 percent year on year. The CIS registered a crude steel output of 8.46 million mt in July, down 9.3 percent year on year, with Russia producing 6.05 million mt, decreasing by 2.8 percent, and Ukraine producing 1.87 million mt, down 24.1 percent, both on year-on-year basis.
 
In North America in July, crude steel output totaled 9.74 million mt, down 6.8 percent, with the US producing 6.99 million mt, decreasing by 9.1 percent, and Mexico producing 1.58 million mt, up 2.4 percent, all year-on-year basis. Crude steel output in South America in July amounted to 3.79 million mt, down 3.3 percent from July 2014, with Brazil's output totaling 2.88 million mt, decreasing by 3.1 percent year on year.
 

Similar articles

Somanath Tripathy at IREPAS: India’s total scrap consumption to increase to 35.6 million mt in 2024

29 Apr | Steel News

Roman Perepelytsia at IREPAS: Steel consumption in Ukraine approaches pre-war levels

29 Apr | Steel News

German crude steel output increases by 6.0 percent in January-March

25 Apr | Steel News

CISA mills’ daily steel output up 0.33% in mid-April, inventory down 0.75%

24 Apr | Steel News

World crude steel output down 4.3 percent in March

23 Apr | Steel News

Japanese crude steel output up 2.9 percent in March from February

23 Apr | Steel News

MMK’s crude steel output down 2.9 percent in Q1

19 Apr | Steel News

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

16 Apr | Steel News

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

16 Apr | Steel News

Ukraine’s pig iron output up 32.1 percent in Q1

10 Apr | Steel News