February 2015 to February 2014: Global crude steel production slightly increased

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Source: worldsteel

Brussels — World crude steel production for the 65 countries reporting to the World Steel Association (worldsteel) was 128 million tonnes (Mt) in February 2015, a 0.6 percent increase compared to February 2014. In the EU, Germany produced 3.5 Mt of crude steel in February 2015, a decrease of -1.6 percent compared to February 2014. Italy produced 2.0 Mt of crude steel, down by -9.7 percent on February 2014. France`s crude steel production was 1.3 Mt, a decrease of -1.6 percent compared to February 2014. Spain produced 1.1 Mt of crude steel, down by -4.4 percent compared to February 2014.

China`s crude steel production for February 2015 was estimated at 65.0 Mt. The total production for January and February 2015 in China has been confirmed at 130.5 Mt. Elsewhere in Asia, Japan produced 8.4 Mt of crude steel in February 2015, a decrease of -0.2 percent compared to February 2014. South Korea`s crude steel production was 5.1 Mt, down by -4.4 percent on February 2014.

Turkey`s crude steel production for February 2015 was 2.4 Mt, down by -12.2 percent on February 2014. In February 2015, Russia produced 5.7 Mt of crude steel, up by 5.6 percent over February 2014. Ukraine produced 1.6 Mt of crude steel, down by -33.2 percent compared to the same month 2014. The US produced 6.3 Mt of crude steel in February 2015, a decrease of -7.9 percent compared to February 2014. Brazil`s crude steel production for February 2015 was 2.7 Mt, up by 2.3 percent on February 2014.

The crude steel capacity utilisation ratio for the 65 countries in February 2015 was 73.4 percent. It is -1.7 percentage points lower than February 2014. Compared to January 2015, it is 3.8 percentage points higher.

Source: World Steel Association (worldsteel)