worldsteel reports on global crude steel production decrease
Published by Stephanie Roker,
Editor
World Pipelines,
World crude steel production for the 66 countries reporting to the World Steel Association (worldsteel) was 139 million t in May 2016 – a 0.1% decrease compared to May 2015.
China’s crude steel production for May 2016 was 70.5 million t, an increase of 1.8% compared to May 2015. Elsewhere in Asia, Japan produced 8.8 million t of crude steel in May 2016, a decrease of 0.9% compared to May 2015. India’s crude steel production was 8.0 million t in May 2016, up by 4.9% on May 2015. South Korea’s crude steel production was 5.8 million t in May 2016, down by 3.5% on May 2015.
In the EU, Germany produced 3.9 million t of crude steel in May 2016, an increase of 4.0% compared to May 2015. Italy produced 2.2 million t of crude steel, up by 9.3% on May 2015. Spain produced 1.3 million t of crude steel, down by 10.6% compared to May 2015. France produced 1.2 million t of crude steel, down by 18.8% compared to May 2015.
Turkey’s crude steel production for May 2016 was 3.0 million t, up by 5.4% on May 2015.
In May 2016, Russia produced 6.0 million t of crude steel, up by 0.4% over May 2015. Ukraine produced 2.3 million t of crude steel, up by 5.7% compared to the same month in 2015.
The US produced 6.8 million t of crude steel in May 2016, a decrease of 0.4% compared to May 2015.
Brazil’s crude steel production for May 2016 was 2.6 million t, down by 13.2% on May 2015.
The crude steel capacity utilisation ratio of the 66 countries in May 2016 was 71.3%. This is 1.0 percentage point lower than May 2015. Compared to April 2016, it is 0.1 percentage point lower.
Edited from source by Stephanie Roker
Read the article online at: https://www.worldpipelines.com/business-news/22062016/worldsteel-reports-on-global-crude-steel-production-decrease/
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