S Africa’s crude steel output remains flat in May
Faring better than the global average, which saw international crude steel production by the 65 countries reporting to the World Steel Association slump 2.1% year-on-year to 139-million tons in May, South African output remained flat year-on-year, at 550 000 t.
Output from the world’s largest crude steel producer, China, dropped 1.7% to 70-million tons in May, while Japan’s production declined 7% to 8.9-million tons and output from South Korea dipped 2.6% to 6-million tons for the month.
In the European Union, Germany produced 3.7-million tons of crude steel in May, a decrease of 5.4% compared with that of May 2014, while Italy’s output slumped 12.6% to 2-million tons and France narrowed its May contribution by 5.8% to 1.4-million tons.
Bucking the global trend, Spain managed to increase its steel production by 1.9% to 1.4-million tons, while Turkey was not so fortunate, with its May output down 4.3% year-on-year to 2.9-million tons.
Elsewhere, crude steel production from Russia dipped 1.9% to 6.1-million tons in May, faring better than neighbour Ukraine, whose year-on-year output slipped by a hefty 23% to 2.2-million tons.
In the Americas, the US produced 6.8-million tons of crude steel in May – a year-on-year decrease of 8.5% – while Brazil lifted its steel contribution by 3.8% to 3-million tons.
The crude steel capacity utilisation ratio for the 65 countries in May 2015 was 72.1% – 3.4 percentage points lower than that of May 2014.
Comments
Press Office
Announcements
What's On
Subscribe to improve your user experience...
Option 1 (equivalent of R125 a month):
Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format
Option 2 (equivalent of R375 a month):
All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors
including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.
Already a subscriber?
Forgotten your password?
Receive weekly copy of Creamer Media's Engineering News & Mining Weekly magazine (print copy for those in South Africa and e-magazine for those outside of South Africa)
➕
Recieve daily email newsletters
➕
Access to full search results
➕
Access archive of magazine back copies
➕
Access to Projects in Progress
➕
Access to ONE Research Report of your choice in PDF format
RESEARCH CHANNEL AFRICA
R4500 (equivalent of R375 a month)
SUBSCRIBEAll benefits from Option 1
➕
Access to Creamer Media's Research Channel Africa for ALL Research Reports on various industrial and mining sectors, in PDF format, including on:
Electricity
➕
Water
➕
Energy Transition
➕
Hydrogen
➕
Roads, Rail and Ports
➕
Coal
➕
Gold
➕
Platinum
➕
Battery Metals
➕
etc.
Receive all benefits from Option 1 or Option 2 delivered to numerous people at your company
➕
Multiple User names and Passwords for simultaneous log-ins
➕
Intranet integration access to all in your organisation