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May 28, 2014

Global Steel Production Up 1.7 Percent in April
 
World crude steel production for the 65 countries reporting to the World Steel Association increased 1.7 percent to 137 million tons in April, according to the latest report from the Brussels-based trade group. For the year to date, global production increased 2.5 percent to 543 million tons.

The crude steel capacity utilization rate for the 65 countries in April was 78.7 percent, 1.2 percentage points lower than April 2013. Compared to March, the utilization rate was down 0.3 percentage points.

In the United States, crude steel production declined 1.6 percent to 7.0 million tons in April. Elsewhere in North America, Canada's production increased 2.0 percent to 1.0 million tons, while Mexico’s production increased 12.1 percent to 1.6 million tons. For the first four months of 2014, total North American production increased 0.7 percent to 39.6 million tons.

China's crude steel production totaled 68.8 million tons, up 2.1 percent. Japan produced 8.9 million tons of crude steel in April, a decrease of 2.5 percent. South Korea’s crude steel production was 6.1 million tons, up 10.8 percent.

In the EU, Germany produced 3.7 million tons, an increase of 3.9 percent compared to April 2013. Italy produced 2.0 million tons of crude steel, down 4.0 percent. France’s crude steel production was 1.4 million tons, an increase of 16.0 percent.

Turkey's crude steel production for April was 2.6 million tons, down 9.7 percent. Russia produced 5.8 million tons, an increase of 0.7 percent. Ukraine’s production was 2.6 million tons, down 4.5 percent.

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Wednesday, October 22, 2014