Global Steel Production Increases in February
By Metal Center News Staff
on Mar 29, 2020
World crude steel production for the 64 countries reporting to the World Steel Association was 143.3 million tons in February, a 2.8 percent increase compared with the same month in 2019. Global production of 2.9 million tons for the first two months of 2020 was up 1 percent compared with the previous year.
The U.S. produced 7.2 million tons in February, a 3 percent increase compared to the same month last year. Year-to-date production of 14.8 million tons was 2.4 percent higher than 2019.
Canadian production in February declined 2.5 percent to 1 million tons and was down 4.6 percent to 2.1 million tons for the year to date. Mexican production declined 19.3 percent to 1.3 million tons, while the two-month total of 2.8 million tons was down 16 percent.
China’s crude steel production of 74.8 million tons was up 5 percent compared with February 2019. Japan produced 7.9 million tons, a 2.2 percent increase, while Indian production of 9.6 million tons was up 1.5 percent.
In the EU, Italy produced 2 million tons, a 0.1 percent increase, while French production dipped 1.3 percent to 1.2 million tons.
Brazil’s crude steel production for February 2020 was 2.7 million tons, down 1.3 percent. Turkey’s production increased 8.2 percent to 2.9 million tons during the month.