Utilization Rate of Global Crude Steel Capacity Hit Six-Year Low in July-Shanghai Metals Market

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Utilization Rate of Global Crude Steel Capacity Hit Six-Year Low in July

Industry News 11:15:27AM Sep 02, 2015 Source:SMM

SHANGHAI, Sept. 2 (SMM) - Global crude steel capacity utilization rate hit a six-year low in July, according to the World Steel Association. Crude steel output in global 65 major steel producing countries was 132.9 million tonnes in July, down 3.8% year-on-year, with the growth larger than June’s.

Aside from the EU, Middle East and Africa, crude steel output slid across other countries. The drop in output was the most significant in North America and Commonwealth of Independent States. Asia also saw expanding crude steel output declines.

The article is edited by SMM and is provided for information purpose only. SMM assumes no liability and does not warrant the accuracy, reliability or completeness of information contained or quoted in the article, either express or implied. SMM further disclaims any liability for losses in connection with the information contained or quoted in the article.

For news cooperation, please contact us by email: sallyzhang@smm.cn or service.en@smm.cn. 

 

 


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Utilization Rate of Global Crude Steel Capacity Hit Six-Year Low in July

Industry News 11:15:27AM Sep 02, 2015 Source:SMM

SHANGHAI, Sept. 2 (SMM) - Global crude steel capacity utilization rate hit a six-year low in July, according to the World Steel Association. Crude steel output in global 65 major steel producing countries was 132.9 million tonnes in July, down 3.8% year-on-year, with the growth larger than June’s.

Aside from the EU, Middle East and Africa, crude steel output slid across other countries. The drop in output was the most significant in North America and Commonwealth of Independent States. Asia also saw expanding crude steel output declines.

The article is edited by SMM and is provided for information purpose only. SMM assumes no liability and does not warrant the accuracy, reliability or completeness of information contained or quoted in the article, either express or implied. SMM further disclaims any liability for losses in connection with the information contained or quoted in the article.

For news cooperation, please contact us by email: sallyzhang@smm.cn or service.en@smm.cn.