North American crude steel output plunged 7.5% in April

Published: May 25, 2015 15:00
According to the recent data published by the World Steel Association, the crude steel production by North American countries edged lower by 7.5% during the month of April year-on-year.

 Author: Paul Ploumis25 May 2015 Last updated at 02:56:55 GMT

 
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 7.5% during the month of April year-on-year. The production totaled 9.079 Mt in April this year as against 9.812 Mt recorded in Apr ’14.
 
The total crude steel production by Canada during April this year was 1.030 Mt, higher than the April 2014 production of 1.003 Mt by 2.7%. The US produced 6.459 Million tonnes of crude steel, significantly lower by 9.8% when compared to 7.159 Million tonnes production achieved during April 2014. The total crude steel production by Mexico dropped 2.6% from 1.550 Mt in Apr ‘14 to 1.510 Mt in April this year.
 
The Cuban crude steel production plunged 16% year-on-year to 20,000 tonnes. The crude steel output by El Salvador was estimated at 10,000 tonnes in April this year, up nearly 14.4% when compared with 9,000 tonnes a year before. Guatemala produced 25,000 tonnes in April, dropping by 12% from a year ago. The crude steel output by Trinidad & Tobago plunged by 36.5% in April this year to 25,000 tonnes from 39,000 tonnes during same month the previous year.
 
The following table provides cumulative crude steel output for the first four months in 2015 in comparison with those during same period in 2014.
 
 

Country

4 months (2015)

4 months (2014)

% Change

Canada

4,065

4,078

-0.3

Cuba

81

88

-8.0

El Salvador

25

34

+2.6

Guatemala

105

110

-4.2

Mexico

6,181

6507

-5.0

Trinidad & Tobago

117

185

-36.8

United States

26,338

28,794

-8.5

 
Note: Output in thousands of tonnes

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

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