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Feb. 5, 2014

World Steel Production Hits 1.6 Billion Tons
 
World crude steel production reached 1.6 billion tons in 2013, up 3.5 percent compared to the previous year, according to year-end figures from the World Steel Association in Brussels. The growth came mainly from Asia and the Middle East, while crude steel production in all other regions decreased in 2013. For the year, the average crude steel capacity utilization rate was 78.1 percent, up 1.9 percentage points from 2012.

Crude steel production in North America last year totaled 119 million tons, a decrease of 1.9 percent from 2012. The U.S. produced 87.0 million tons of crude steel, down 2.0 percent.

Annual production in Asia totaled 1.1 million tons, an increase of 6.0 percent. The region's share of world steel production increased slightly from 65.7 percent in 2012 to 67.3 percent in 2013. China’s crude steel production reached 779.0 million tons, an increase of 7.5 percent over 2012. China’s share of world crude steel production increased from 46.7 percent in 2012 to 48.5 percent in 2013. Japan produced 110.6 million tons in 2013, a 3.1 percent increase. South Korea’s crude steel production was 66.0 million tons, a decrease of 4.4 percent.

The EU recorded a decrease of 1.8 percent compared to 2012, producing 165.6 million tons of crude steel in 2013. Germany produced 42.6 million tons, remaining at the same production level as 2012. Italy produced 24.1 million tons, an 11.7 percent decrease. France’s crude steel production increased 0.5 percent to 15.7 million tons.

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Thursday, October 23, 2014