[Steel Output] World crude steel production dips further in June, H1 output down 2%

Published: Jul 23, 2015 15:47

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According to the most recent statistics published by the World Steel Association, the crude steel production by 65 member countries was 135.594 million tonnes (Mt) in June this year.

By Paul Ploumis 23 Jul 2015 Last updated at 01:54:31 GMT

BRUSSELS (Scrap Monster): According to the most recent statistics published by the World Steel Association, the crude steel production by 65 member countries was 135.594 million tonnes (Mt) in June this year, down 2.4% upon comparison with production of 138.940 Mt during same month the previous year.

The total crude steel production by EU-28 countries during June this year was 14.631 Million tonnes (Mt), slightly up by 1.7% than the June 2014 production of 14.386 Mt. Other European countries produced 3.048 Million tonnes of crude steel, down 2.2% when compared to 3.117 Million tonnes production achieved during June 2014. The CIS countries’ crude steel production dropped significantly by 10.7% from 9.275 Mt to 8.280 Mt. The total crude steel production by North America declined sharply by 6.4% from 10.058 Mt in June 2014 to 9.411 Mt in June this year.

The total crude steel production by South American region during June this year increased marginally by 0.8% to 3.657 Mt. African countries produced 1.080 Million tonnes of crude steel, 17.7% down when compared to 1.312 Million tonnes production achieved during June 2014. The total crude steel production by the Middle East countries during June this year was 2.463 Million tonnes(Mt), higher by 5.3% when compared with the June 2014 output of 2.339 Mt. The Asian countries’ crude steel production dropped by 1.9% from 94.369 Mt to 92.541 Mt. The total crude steel production by Oceania region increased sharply by 6.1% from 0.455 Mt in June 2014 to 0.483 Mt in June this year.

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

Region	6 months (2015)	6 months (2014)	% Change
EU-28	88,115	87,661	+0.5
Other Europe	17,436	18,214	-4.3
CIS(6)	50,699	54,449	-6.9
N.America	55,908	60,081	-6.9
S.America	22,245	22,241	Nil
Africa	6,860	7,594	-9.7
Middle East	14,274	13,868	+2.9
Asia	554,677	563,149	-1.5
Oceania	2,831	2,678	+5.7

Note: The above outputs are in thousands of tonnes.

steel output world crude steel output

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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