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Crude Steel Production Up 2.6 Percent in August

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World crude steel production totaled 151.7 million metric tons in August, a 2.6 percent increase year over year, reports Brussels-based World Steel Association. Total production through August was up 4.8 percent to 1.2 billion tons, compared with 1.1 billion tons through the first eight months of 2017.

August production in the U.S. increased 5.1 percent to 7.5 million tons. Year-to-date production was up 4 percent to 56.9 million tons. 

Canadian production in August was down 2.2 percent to 1 million tons, while production for the year to date decreased 3.2 percent to 8.5 million tons. Mexico’s production increased 7 percent in August to 1.8 million tons, while full-year production of 13.9 million tons was up 3.9 percent from last year.

China’s crude steel production in August increased 2.7 percent to 80.3 million tons, India’s production increased 3.7 percent to 8.8 million tons and production in Japan increased 0.9 percent to 8.8 million tons.  

In the European Union, Germany produced 3.9 million tons of crude steel, an increase of 7.5 percent from August 2017. Italy’s production of 1.2 million tons was up 6 percent from last year, and production in France decreased 16.8 percent to 944,000 tons.

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