World Steel Association: May 2015 figures

World crude steel production for the 65 countries reporting to the World Steel Association (worldsteel) was 139 million t in May 2015, a 2.1% decrease compared to May 2014.

Worldwide crude steel production down since May 2014

China’s crude steel production for May 2015 was 70.0 million t, a 1.7% decrease compared to May 2014, Japan produced 8.9 million t of crude steel in May 2015, a decrease of 7.0% compared to May 2014 and South Korea’s crude steel production for May 2015 was 6.0 million t of crude steel, down by 2.6% compared to May 2014.

In the EU, Germany produced 3.7 million t of crude steel in May 2015, a decrease of 5.4% compared to May 2014 and Italy produced 2.0 million t of crude steel, down by 12.6% on May 2014.

In May 2015, Russia produced 6.1 million t of crude steel, down by 1.9% over May 2014 and Ukraine produced 2.2 million of crude steel, down by 23.0% compared to the same month in 2014.

Moreover, the US produced 6.8 million t of crude steel in May 2015, a decrease of 8.5% compared to May 2014.

Some countries have increased production since May 2014

Conversely, France’s crude steel production was 1.4 million t, an increase of 5.8% compared to May 2014, Spain produced 1.4 million t of crude steel, a 1.9% increase year on year and Brazil’s crude steel production for May 2015 was 3.0 million t, up by 3.8% on May 2014.

The crude steel capacity utilisation ratio for the 65 countries in May 2015 was 72.1%. It is 3.4 percentage points lower than May 2014. Compared to April 2015, it is 0.4 percentage points lower.

Edited from source by Elizabeth Corner

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