Steel production down 3% y/y in August
World crude steel production dropped 3% year-on-year to 132-million tons in August, the World Steel Association said on Tuesday.
The biggest contributor to the drop in production – out of the 65 countries reporting to the association – was Turkey, which saw its crude steel production for August fall by 11.8% year-on-year to 2.6-million tons.
Germany’s output, however, increased by 10.7% year-on-year to 3.4-million tons of crude steel.
The world’s biggest steel producer China saw its output fall by 3.5% year-on-year to 66.9-million tons in August, while Japan produced 5.8% less steel, at 8.8-million tons.
France and Italy each produced one-million tons of steel in August, a year-on-year decrease of 1.5% for France, but a 1.3% year-on-year increase for Italy.
Russia produced six-million tons of crude steel, down 3.2% year-on-year, while Ukraine produced 1.9-million tons, up 8.6% year-on-year.
Meanwhile, the US produced seven-million tons, a 9.7% year-on-year decrease, while Brazil’s crude steel production for August, at 2.8-million tons, was down 5.4% year-on-year.
In the Middle East, Iran produced 1.2-million tons of crude steel in August, down by 6.2%.
South Africa’s steel production was 21.2% higher year-on-year, at 645 000 t.
The crude steel capacity use ratio for the 65 countries in August was 68% - 3.6 percentage points lower than August 2014. Compared to July, it was 0.4 percentage points lower.
Comments
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