Top Producers of Crude Steel and Reduced Iron in September 2016

October 25, 2016 02:35:43 AM

SEATTLE (Scrap Monster): According to latest statistics published by the World Steel Association, the world crude steel output by 66 countries reporting to the Association totaled 132.909 Million tonnes during September this year. The monthly output increased slightly by 2% when compared with the output recorded during the same month last year. These 66 countries had accounted for approximately 99% of the total world crude steel production in 2015.

The following table lists world’s top ten nations with regards to total crude steel output during Sep ‘16.

Also, the table given lists world’s top ten nations with regards to cumulative crude steel output during the initial nine-month period of the current year.

Note: The above outputs are in thousand tonnes.

DRI production statistics

The preliminary data published by the World Steel Association indicates that the world direct reduced iron (DRI) production in September this year has declined marginally by nearly 1% when compared with the month before that.

The world DRI production during the month of September 2016 totaled 4.492 million metric tons, compared with the 4.534 million metric tons production achieved during August this year.

According to World Steel data, Iran ranked first in DRI production, closely followed by India. Mexico was the third largest DRI producer nation in September this year.

The estimated DRI output by Iran during September this year was 1.431 million metric tons. The country’s DRI output in September surged higher by 6.4% when compared with the previous month. The DRI output by Iran had totaled 1.345 million metric tons during the previous month. India’s DRI production in September 2016 totaled 1.195 million metric tons, which is marginally lower by 3.24% when compared with the previous month output of 1.235 million metric tons. The Mexican DRI output in September this year amounted to 470,000 metric tons, which is modestly lower when compared with the output of 484,000 metric tons during August 2016.

The DRI output (in thousand metric tons) by the other eleven countries in September 2016 is as follows: Canada (139), Saudi Arabia (400), Trinidad & Tobago (Nil), Argentina (18), Peru (2), Venezuela (35), Egypt (210), Libya (57), South Africa (50), Qatar (190) and United Arab Emirates (296).

The World Steel production figures are based on the figures collected from 14 countries, which accounted for approximately 90% of the global DRI production in 2014.

Cumulative DRI output

The table given below lists world’s top ten nations with regards to cumulative DRI output during the initial nine-month period of the current year.

Note: The above outputs are in thousand tonnes.