First six months of 2014: World crude steel production increased of 2.5 percent y-t-y

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Stahlschrott (Foto: Kürth/Recyclingportal.eu)

Brussels — World crude steel production for the 65 countries reporting to the World Steel Association (worldsteel) was 137 million tonnes (Mt) in June 2014, an increase of 3.1 percent compared to June 2013. World crude steel production in the first six months of 2014 was 821.3 Mt, an increase of 2.5 percent compared to the same period of 2013. The EU 28 showed an increase of 3.8 percent while Asia and North America reported growth of 2.9 percent and 1.7 percent respectively in the first half of 2014. South America and C.I.S. produced -1.0 percent and -2.6 percent less each.

In the EU, Germany produced 3.6 Mt of crude steel in June 2014, an increase of 0.6 percent compared to June 2013. Italy produced 2.1 Mt of crude steel, down by -3.7 percent compared to June 2013. France`s crude steel production was 1.4 Mt, an increase of 1.6 percent on June 2013. Spain produced 1.3 Mt of crude steel, up by 6.0 percent compared to June 2013.

China`s crude steel production for June 2014 was 69.3 Mt, up by 4.5 percent compared to June 2013. Elsewhere in Asia, Japan produced 9.1 Mt of crude steel in June 2014, a decrease of -1.7 percent over June 2013. India`s crude steel production was 6.7 Mt, an increase of 0.8 percent compared to June 2013. South Korea produced 6.0 Mt of crude steel in June 2014, up by 10.8 percent on June 2013.

Turkey`s crude steel production for June 2014 was 3.1 Mt, up by 6.7 percent on June 2013. In June 2014, Ukraine produced 2.6 Mt of crude steel, a decrease of -6.0 percent compared to the same month 2013. The US produced 7.2 Mt of crude steel in June 2014, an increase of 1.9 percent compared to June 2013. Brazil`s crude steel production for June 2014 was 2.7 Mt, down by -4.9 percent on June 2013.

The crude steel capacity utilisation ratio for the 65 countries in June 2014 was 78.3 percent which is -0.1 percentage points lower than June 2013. Compared to May 2014, it remained the same.

Source: World Steel Association (worldsteel)