Sept global steel production up 6.1% y/y

21st October 2013 By: Natasha Odendaal - Creamer Media Senior Deputy Editor

Sept global steel production up 6.1% y/y

Global crude steel production for September increased 6.1% year-on-year to 133-million tonnes.

The World Steel Association (worldsteel) reported that China’s crude steel production increased 11% year-on-year to 65.4-million tonnes in September, while Japan’s output of 9.3-million tons represented a 5.5% year-on-year increase. South Korea’s steel production, however, fell by 8.7% year-on-year to 5.2-million tonnes.

Germany’s steel production rose 1.4% year-on-year to 3.6-million tonnes in September, while France increased its output by 7.4% year-on-year to 1.4-million tonnes. Turkey’s steel output increased 1.2% year-on-year to three-million tonnes in September, while production in Spain increased by 5.9% to 1.3-million tonnes.

Italy recorded a 10.4% year-on-year drop in output to 2.1-million tons in September.

US crude steel production for September increased 6.3% year-on-year to 7.2-million tonnes.

Meanwhile, worldsteel noted that steel production for the first nine months of this year amounted to nearly 1.2-billion tonnes – up 2.7% on the corresponding period the year before.

Asia, recording the highest output, delivered 795.1-million tonnes of crude steel during the first three quarters of 2013, a rise of 5.9% compared with the same nine-month period in 2012.

Crude steel production from the European Union contracted 4.2% year-on-year to 123.8-million tonnes during the first nine months of the year, while North America reported a 4.1% decline in output to 88.9-million tonnes during the same period.

For the first three quarters of the year, the Commonwealth of Independent States collectively produced 81.5-million tonnes – a year-on-year decline of 3.4% – while South America, with 34.8-million tonnes of crude steel production, recorded a 1.2% year-on-year fall.