Worldwide crude steel output in 2002
Worldwide crude steel production for December 2002 reached 75.8 million metric tons according to data released by International Iron and Steel Institute (IISI). This evidences a rise of 11.7% over December 2001 and a rise of 205'000 tons over November 2002. Thus, the worldwide crude steel production increase amounts to a 886.7 million tons during the whole year, representing a 6.4% increase compared to 883.8 million tons of 2001 production. It appears that China closes the year as the biggest producer with a total output of 181.55 million mts throughout the year. The country increased its output in 2002 by 20.3%. and year-to-date figure in the entire region is up by 11.6% compared to that of 2001. Production in Asia continued to rise; reaching 34 million tons in December that is 9.8% in terms of increase over December 2001 production. Chinese output accounts for 16.6 million tons of this total, where production increased by 11.3%, again compared to December 2001. Japan follows China with 107.75 million mts and than comes the US as third with 92.38 million mts. Turkey has increased crude steel production by 10% in 2002 and the 12 month total production amounted to 16.5 million metric tons. Production in North America remained unchanged at 10.3 million tons but with a rise of 22.3% compare to December 2001 and 3.4% year-to-date. US output remained stable as well compared to previous month however with an increase of 26% over December 2001 and 2.5% year-to-date. In Europe, Germany and France increased production by 5.6% and 0.4% respectively in 2002 while Italian production fell by 1.9% year-to-date. UK preserved the decreasing trend in December with a drop of 1.9% as compared to December 2001 and 13.9% year-to-date. Overall production in the EU reduced by 1.2 million tons since previous month, however an increase of 0.1% is seen since the beginning of 2002 and 8.3% over December 2001 figure. December output in the CIS turned out to be 9.2% higher than December 2001 figures, reaching 8.6 million tons. There is a year-to-date 1.8% rise of output in the region and a rise of 1.9% and 2.9% in Russia and Ukraine, respectively.
Dec. Nov. Dec. %change 12 months %
2002 2002 2001 Dec.02/01 2002 2001 change
EU(15) 12.236 13.447 11.299 8.3 158.681 158.493 0.1
Other
Europe 4.118 3.997 3.247 26.8 46.951 44.857 4.7
C.I.S. 8.602 8.362 7.876 9.2 99.878 98.092 1.8
N.America 10.309 10.264 8.428 22.3 123.937 119.853 3.4
S.America 3.528 3.500 3.191 10.6 40.827 37.437 9.1
Africa 1.233 1.210 1.210 1.9 14.649 13.854 5.7
M.East 1.052 971 967 8.7 11.905 11.220 6.1
Asia 34.028 33.135 30.984 9.8 381.687 342.089 11.6
Oceania 694 708 635 9.3 8.233 7.859 4.8
Total 75.798 75.593 67.837 11.7 886.748 833.752 6.4