Sept. 4, 2013

U.S., World Crude Steel Production Up in July
 
World crude steel production in July totaled 132 million metric tons, according to the latest data from the Brussels-based World Steel Association. The total represented an increase of 2.7 percent compared to the same month last year.

The crude steel capacity utilization rate for the 64 countries in July declined to 76.8 percent from 79.2 percent in June, however. Compared to July 2012, mill utilization is 0.8 percentage points lower.

The U.S. produced 7.6 million tons of steel in July, up by 3.3 percent compared to last year. That was the first monthly production increase this year compared to 2012.

China continued to lead the production gains with 65.6 million tons, an increase of 6.2 percent. Elsewhere in Asia, Japan produced 9.3 million tons, an increase of 0.5 percent compared to July. South Korea’s crude steel production totaled 5.6 million tons, down 5.8 percent.

In the EU, Germany produced 3.4 million tons of crude steel in July, a decrease of 5.4 percent compared to July 2012. France’s crude steel production was 1.3 million tons, down 9.0 percent. Spain produced 1.0 million tons of crude steel, 3.4 percent less than July 2012.

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Wednesday, August 24, 2016