World’s Topmost Crude Steel Producing Countries in April 2017

Published: May 26, 2017 18:01
According to latest statistics published by the World Steel Association, the world crude steel output by 67 countries reporting to the Association totaled 142.080 Million tonnes during April.

May 26, 2017 03:30:47 AM
SEATTLE (Scrap Monster): According to latest statistics published by the World Steel Association, the world crude steel output by 67 countries reporting to the Association totaled 142.080 Million tonnes during April this year. The monthly output continued to rise by 5.0% when compared with the output during the same month a year before. These 67 countries accounted for approximately 99% of the total world crude steel production in 2016.

The following table lists world’s top ten nations with regards to total crude steel output during April 2017.

 Rank

Nation

Output

1

China

72,777

2

Japan

8,752

3

India

8,065

4

United States

6,717

5

Russia

6,212

6

South Korea

5,481

7

Germany

3,842

8

Turkey

3,026

9

Brazil

2,895

10

Italy

1,976

Also, the table given lists world’s top ten nations with regards to cumulative crude steel output during Jan-Apr ‘17.
Note: The above outputs are in thousand tonnes.

 Rank

Nation

Output

1

China

273,870

2

Japan

34,982

3

India

33,159

4

United States

27,009

5

Russia

23,989

6

South Korea

22,755

7

Germany

14,818

8

Turkey

11,806

9

Brazil

11,143

10

Italy

8,106

DRI production statistics

The preliminary data published by the World Steel Association indicates that the world direct reduced iron (DRI) production in April this year has surged higher significantly by over 8% when compared with the month before that.

The world DRI production during the month of April 2017 totaled 5.209 million metric tons, rising significantly by 8.05% when compared with the 4.821 million metric tons production achieved during March this year.

According to World Steel data, Iran ranked first in DRI production during the month. India and Mexico were the second and third largest DRI producing nations.

The estimated DRI output by Iran during April this year was 1.565 million metric tons. The country’s DRI output in April increased modestly when compared with the previous month. The DRI output by Iran had totaled 1.443 million metric tons during the previous month. India’s DRI production in April 2017 totaled 1.250 million metric tons, declining marginally by 3% when compared with the previous month output of 1.291 million metric tons. The Mexican DRI output in April this year amounted to 540,000 metric tons, which is slightly lower than 558,000 metric tons output recorded during March this year.

The DRI output (in thousand metric tons) by the other eleven countries in April 2017 is as follows: Canada (152), Saudi Arabia (429), Trinidad & Tobago (Nil), Argentina (157), Peru (Nil), Venezuela (70), Egypt (308), Libya (69), South Africa (79), Qatar (235) and United Arab Emirates (353).

The World Steel production figures are based on the figures collected from 14 countries, which accounted for approximately 85% of the global DRI production in 2015.

Cumulative DRI output

The table given below lists world’s top ten nations with regards to cumulative DRI output during Jan-Apr ‘17.

 Rank

Nation

Output

1

Iran

5,612

2

India

4,934

3

Mexico

2,037

4

Saudi Arabia

1,569

5

UAE

1,306

6

Egypt

1,198

7

Qatar

780

8

Canada

516

9

Argentina

460

10

Venezuela

294


Note: The above outputs are in thousand 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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World’s Topmost Crude Steel Producing Countries in April 2017 - Shanghai Metals Market (SMM)