worldsteel: China`s crude steel production for May 2015 decreased -1.7 percent y-t-y

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Stahlschrott (Foto: Marc Weigert)

Brussels — World crude steel production for the 65 countries reporting to the World Steel Association (worldsteel) was 139 million tonnes (Mt) in May 2015, a -2.1 percent decrease compared to May 2014. In the EU, Germany produced 3.7 Mt of crude steel in May 2015, a decrease of -5.4 percent compared to May 2014. Italy produced 2.0 Mt of crude steel, down by -12.6 percent on May 2014. France`s crude steel production was 1.4 Mt, an increase of 5.8 percent compared to May 2014. Spain produced 1.4 Mt of crude steel, a 1.9 percent increase year on year.

China`s crude steel production for May 2015 was 70.0 Mt, a -1.7 percent decrease compared to May 2014. Japan produced 8.9 Mt of crude steel in May 2015, a decrease of -7.0 percent compared to May 2014. South Korea`s crude steel production for May 2015 was 6.0 Mt of crude steel, down by -2.6 percent compared to May 2014. Turkey`s crude steel production for May 2015 was 2.9 Mt, down by -4.3 percent on May 2014.

In May 2015, Russia produced 6.1 Mt of crude steel, down by -1.9 percent over May 2014. Ukraine produced 2.2 Mt of crude steel, down by -23.0 percent compared to the same month 2014. The US produced 6.8 Mt of crude steel in May 2015, a decrease of -8.5 percent compared to May 2014. Brazil`s crude steel production for May 2015 was 3.0 Mt, up by 3.8 percent on May 2014.

The crude steel capacity utilisation ratio for the 65 countries in May 2015 was 72.1 percent. It is -3.4 percentage points lower than May 2014. Compared to April 2015, it is 0.4 percentage points lower.

Source: The World Steel Association (worldsteel)