North American crude steel output plunged 8.3% in August

By  Paul Ploumis 23 Sep 2015  Last updated at 01:46:14 GMT

The North American crude steel production declined by 8.3% during August this year. The production during the month totaled 9.727 Mt.

BRUSSELS (Scrap Monster): According to the recent data published by the World Steel Association, the crude steel production by North American countries edged lower by 8.3% during the month of August year-on-year. The production totaled 9.727 Mt in August this year as against 10.610 Mt recorded in August ’14.

The total crude steel production by Canada during August this year was 1.100 Mt, slightly lower than the August 2014 production of 1.108 Mt by 0.70%. The US produced 6.999 Million tonnes of crude steel, significantly lower by 9.7% when compared to 7.753 Million tonnes production achieved during August 2014. The total crude steel production by Mexico dropped considerably by 7.1% from 1.636 Mt in August ‘14 to 1.520 Mt in August this year.

The Cuban crude steel production rebounded sharply by 70.5% year-on-year to 35,000 tonnes. The crude steel output by El Salvador was estimated at 10,000 tonnes in August this year, down 5.9% when compared with August last year. Guatemala produced 35,000 tonnes in August, nearly flat when compared with the production during the same month a year before. The crude steel output by Trinidad & Tobago dropped by over 40% in August this year to 28,000 tonnes from 47,000 tonnes during same month the previous year.

The following table provides cumulative crude steel output for the first eight months in 2015 in comparison with those during same period in 2014.

Note: Output in thousands of tonnes