CANBERRA (Scrap Monster): According to latest data published by World Steel Association, the crude steel production by Oceania region dropped sharply by 10.2% during the month of September ‘14 year-on-year.

 

The total crude steel production by Australia during September this year was 330,000 tonnes, down 12.1% when compared with the production during same month a year ago. New Zealand produced 74,000 tonnes of crude steel, lower by 0.9% when compared with the production of 75,000 tonnes achieved during September 2013.

 

The total crude steel production by Australia during August this year was 339,000 tonnes, down 16.6% when compared with the production during same month a year ago. New Zealand produced 80,000 tonnes of crude steel, higher by 5.8% when compared with the production of 76,000 tonnes achieved during August 2013.

 

The following table provides cumulative crude steel output for the first nine months in 2014 in comparison with those during same period in 2013.

Country	9 months (2014)	9 months (2013)	% Change
Australia	3,357	3,547	-5.4
New Zealand	659	677	-2.7

Note: Output in thousands of tonnes