October 2014: Germany`s crude steel production decreased of -5.9 percent

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Stahlschrott (Foto: Marc Weigert)

Brussels — According to the World Steel Association (worldsteel), Germany produced 3.5 Mt of crude steel in October 2014, a decrease of -5.9 percent compared to October 2013. Italy produced 2.1 Mt of crude steel, down by -5.4 percent on October 2013. France`s crude steel production was 1.5 Mt, an increase of 15.0 percent compared to October 2013. Spain produced 1.3 Mt of crude steel, down by -0.4 percent compared to October 2013. Turkey`s crude steel production for October 2014 was 2.7 Mt, down by -11.0 percent on October 2013.

China`s crude steel production for October 2014 was 67.5 Mt, a slight decrease of -0.3 percent compared to October 2013. Elsewhere in Asia, Japan produced 9.4 Mt of crude steel in October 2014, a decrease of -0.5 percent compared to October 2013. South Korea produced 6.2 Mt of crude steel in October 2014, up by 4.5 percent on October 2013.

The US produced 7.3 Mt of crude steel in October 2014, a decrease of -0.7 percent compared to October 2013. Brazil`s crude steel production for October 2014 was 3.1 Mt, up by 2.7 percent on October 2013.

The crude steel capacity utilisation ratio for the 65 countries in October 2014 was 74.7 percent. It is -2.6 percentage points lower than October 2013. Compared to September 2014, it is -1.4 percentage points lower.

Source: World Steel Association (worldsteel)