World crude steel production increased in August y-t-y by 6.3 percent

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Stahlschrott (Foto: Marc Weigert)

Brussels – According to the World Steel Association (worldsteel), the world crude steel production was 143.6 million tonnes (Mt) in August 2017, a 6.3 percent increase compared to August 2016. China’s crude steel production for August 2017 was 74.6 Mt, an increase of 8.7 percent compared to August 2016. Turkey’s crude steel production for August 2017 was 3.2 Mt, up by 13.3 percent on August 2016.

In the EU, Germany produced 3.6 Mt of crude steel in August 2017, an increase of 3.3 percent compared to August 2016. France produced 1.1 Mt of crude steel in August 2017, an increase of 15.5 percent compared to August 2016. Italy’s crude steel production for August 2017 was 1.1 Mt, up by 0.4 percent on August 2017. Spain produced 1.1 Mt in August 2017, a decrease of -2.7 percent compared to August 2016.

Japan produced 8.7 Mt of crude steel in August 2017, a decrease of -2.0 percent compared to August 2016. India produced 8.5 Mt of crude steel in August 2017, an increase of 4.1 percent compared to August 2016.

The US produced 7.1 Mt of crude steel in August 2017, an increase of 6.3 percent compared to August 2016. Brazil’s crude steel production for August 2017 was 3.0 Mt, up by 1.2 percent on August 2016.

The crude steel capacity utilisation ratio of the 67 countries in August 2017 was 72.2 percent. This is 3.3 percentage points higher than August 2016. Compared to July 2017, it is 0.2 percentage points lower.

Source: World Steel Association (worldsteel)