worldsteel: World crude steel production slightly increased in May 2014

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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 141 million tonnes (Mt) in May 2014, an increase of 2.2 percent compared to May 2013. China`s crude steel production for May 2014 was 70.4 Mt, up by 2.6 percent compared to May 2013. Elsewhere in Asia, Japan produced 9.6 Mt of crude steel in May 2014, a decrease of -0.3 percent over May 2013. South Korea`s crude steel production was 6.2 Mt in May 2014, up by 11.4 percent on May 2013.

In the EU, Germany produced 3.9 Mt of crude steel in May 2014, an increase of 7.3 percent compared to May 2013. Italy produced 2.3 Mt of crude steel, down by -0.8 percent compared to May 2013. France`s crude steel production was 1.4 Mt, a decrease of -4.0 percent on May 2013. Spain produced 1.3 Mt of crude steel, down by -2.9 percent compared to May 2013. Turkey`s crude steel production for May 2014 was 3.0 Mt, down by -0.7 percent on May 2013.

In May 2014, Russia produced 6.1 Mt of crude steel, an increase of 0.6 percent compared to the same month 2013. Ukraine`s production was 2.8 Mt in May 2014, up by 2.2 percent on May 2013. The US produced 7.5 Mt of crude steel in May 2014, an increase of 1.4 percent compared to May 2013.  Brazil`s crude steel production for May 2014 was 2.9 Mt, down by -4.3 percent on May 2013.

The crude steel capacity utilisation ratio for the 65 countries in May 2014 was 78.5 percent and it is 0.7 percentage points lower than May 2013. Compared to April 2014, it is 0.2 percentage points lower.

Source: The World Steel Association (worldsteel)