Feb. 1, 2017

Global Steel Production Grows Slightly in 2016

World crude steel production totaled 1.63 billion tons in 2016, an increase of 0.8 percent from the previous year, reports the World Steel Association in Brussels. Crude steel production decreased in Europe, the Americas and Africa during the year, but increased in the CIS, Middle East, Asia and Oceania.

The mill capacity utilization rate in 2016 averaged 69.3 percent, a decline of 0.4 of a percentage point from the previous year. The December rate was 68.1 percent, up 2.8 percentage points compared with the same month the prior year.

Full-year production in North America totaled 111.0 million tons, flat with 2016. U.S. output totaled 78.6 million tons, a decline of 0.3 percent. Full-year Canadian production increased 1.6 percent to 12.7 million tons, while production in Mexico grew 4.3 percent to 19.0 million tons.

In December, U.S. production increased 11.0 percent to 6.6 million tons, while Mexican production climbed 24.1 percent to 1.7 million tons. Canada’s crude steel production declined 3.7 percent to 1.0 million tons.

Annual crude steel production for Asia totaled 1.13 billion tons in 2016, an increase of 1.6 percent compared to 2015. China’s 2016 steel production reached 808.4 million tons, up 1.2 percent. China’s share of world crude steel production increased from 49.4 to 49.6 percent in 2016. Japan produced 104.8 million tons in 2016, down 0.3 percent compared to 2015. India’s crude steel production totaled 95.6 million tons, up 7.4 percent, while South Korea’s dropped 1.6 percent to 68.6 million tons.

The EU produced 162.3 million tons of crude steel in 2016, a decrease of 2.3 percent compared to 2015. Germany produced 42.1 million tons, down 1.4 percent. Italy produced 23.3 million tons, an increase of 6.0 percent.

Crude steel production in the CIS totaled 102.4 million tons, 0.8 percent higher than 2015. Russia produced 70.8 million tons of crude steel, a decline of 0.1 percent. Ukrainian production increased 5.5 percent to 24.2 million tons.


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Monday, December 18, 2017