Global Steel Production Increases in August
By Metal Center News Staff
on Sep 27, 2020
World crude steel production of 156.2 million metric tons in August was up 0.6 percent compared to August 2019, the Brussels-based World Steel Association reported. This represented the first month-over-month increase in production since February.
For the year to date, production of 1.2 billion tons through August was down 4.2 percent compared with the previous year.
Production in the U.S. in August totaled 5.6 million tons, a decrease of 24.4 percent compared with the same month in 2019. For the year to date, U.S. production was down 19.8 percent to 47.1 million tons.
August production in Canada declined 25.7 percent to 825,000 in August, and the year-to-date figure of 7.3 million tons was down 16.5 percent. Production in Mexico of 1.3 million tons was down 17.3 percent, while year-to-date production of 10.6 million tons declined 16.3 percent compared with the first eight months of 2019.
Global leader China produced 94.8 million tons in August, an increase of 8.4 percent compared with 2019. Japanese production of 6.4 million tons was down 6.4 percent, and India produced 8.5 million tons, down 4.4 percent.
German production of 2.8 million tons was down 13.4 percent. Italy produced 900,000 tons, up 9.7 percent.