TURKEY March 27 2017 5:27 PM
ANKARA (Scrap Register): Turkish crude steel production shot up by 15.6 percentage to 2.7 million tons during the month of February this year, as compared to February 2016, according to the latest figures released by the the World Steel Association (worldsteel).
In the EU, Germany produced 3.5 million tons of crude steel in February 2017, an increase of 2.6% compared to February 2016. Italy produced 2.0 million tons of crude steel, up by 1.2% on February 2016.
France produced 1.2 million tons of crude steel in February 2017, down by 5.8% on February 2016. Spain produced 1.1 million tons of crude steel, down by 4.6% compared to February 2016.
The US produced 6.4 million tons of crude steel in February 2017, a decrease of -1.0% compared to February 2016.
Brazil’s crude steel production for February 2017 was 2.6 million tons, up by 5.7% on February 2016.
The crude steel capacity utilization ratio during the month of February 2017 was 70.3%. This is 4 percentage points higher than in February 2016. Compared to January 2017, it is 1.1 percentage point higher.
