News

World crude steel production for the 65 countries reporting to the World Steel Association (worldsteel) was 137 million tonnes (Mt) in October 2014, the same compared to October 2013.

China’s crude steel production for October 2014 was 67.5 Mt, a slight decrease of -0.3% compared to October 2013. Elsewhere in Asia, Japan produced 9.4 Mt of crude steel in October 2014, a decrease of -0.5% compared to October 2013. South Korea produced 6.2 Mt of crude steel in October 2014, up by 4.5% on October 2013.

In the EU, Germany produced 3.5 Mt of crude steel in October 2014, a decrease of -5.9% compared to October 2013. Italy produced 2.1 Mt of crude steel, down by -5.4% on October 2013. France’s crude steel production was 1.5 Mt, an increase of 15.0% compared to October 2013. Spain produced 1.3 Mt of crude steel, down by -0.4% compared to October 2013.

Turkey’s crude steel production for October 2014 was 2.7 Mt, down by -11.0% on October 2013.

The US produced 7.3 Mt of crude steel in October 2014, a decrease of -0.7% compared to October 2013.

Brazil’s crude steel production for October 2014 was 3.1 Mt, up by 2.7% on October 2013.

The crude steel capacity utilisation ratio for the 65 countries in October 2014 was 74.7%. It is -2.6 percentage points lower than October 2013. Compared to September 2014, it is -1.4 percentage points lower.

By worldsteel.org