Global crude steel production rises 2.6% y/y in August

25th September 2018

By: Simone Liedtke

Creamer Media Social Media Editor & Senior Writer

     

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Global crude steel production increased by 2.6% year-on-year to 151.7-million tonnes in August, the World Steel Association (worldsteel) reports.

According to the data, which was released on Tuesday, China’s crude steel production for August was 80.3-million tonnes, an increase of 2.7% compared with August 2017. India produced 8.8-million tonnes of crude steel, while Japan also produced 8.8-million tonnes of crude steel in August, representing increases of 3.7% and 0.9% respectively, compared with August 2017.

South Korea’s crude steel production was 6.1-million tonnes in August, remaining flat compared with that produced in the prior comparable period.

In the European Union, Spain produced 1.2-million tonnes of crude steel, up by 6.6% year-on-year.

Italy produced 1.2-million tonnes of crude steel, up by 6% year-on-year, while France’s crude steel production was 900 000 t in August, representing a year-on-year decrease of 16.8%.

Turkey’s crude steel production for August 2018 was three-million tonnes, down by 5.7% year-on-year.

Crude steel production in Ukraine was 1.8-million tonnes, down 3.7% year-on-year.

Meanwhile, the US produced 7.5-million tonnes of crude steel in August 2018, representing an increase of 5.1% compared with August 2017.

Africa’s crude steel production increased by 0.2% year-on-year, with South Africa’s production down 4.7% year-on-year to 528 000 t and Egypt’s output up by 5.6% year-on-year to 605 000 t.

Edited by Chanel de Bruyn
Creamer Media Senior Deputy Editor Online

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