By Paul Ploumis (ScrapMonster Author)
November 23, 2015 01:10:34 AM
ALBANY (Scrap Monster): According to the recent data published by the World Steel Association, the crude steel production by North American countries edged lower by 6.1% during the month of October year-on-year. The production totaled 9.606 Mt in October this year as against 10.231 Mt recorded in Oct ’14.
The total crude steel production by Canada during October this year was 1.030 Mt, down significantly by 7.2% when compared with the October 2014 production. The US produced 6.739 Million tonnes of crude steel, considerably lower by 8.8% when compared to 7.391 Million tonnes production achieved during October 2014. The total crude steel production by Mexico edged higher by 8% from 1.621Mt in October ‘14 to 1.750 Mt in October this year.
The Cuban crude steel production increased sharply by 10.5% year-on-year to 25,000 tonnes. The crude steel output by El Salvador was estimated at 10,000 tonnes in October this year, down 14.6% when compared with October last year. Guatemala produced 40,000 tonnes in October, slightly higher when compared with the production of 38,000 tonnes during the same month a year before. The crude steel output by Trinidad & Tobago dropped by over 66% in October this year to 12,000 tonnes from 37,000 tonnes during same month the previous year.
The following table provides cumulative crude steel output for the first ten months in 2015 in comparison with those during same period in 2014.
Note: Output in thousands of tonnes