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Steel production increases in June

Ferrous, International Recycling News

Global steel production through June 2014 stands at 821.3 million tonnes.

Recycling Today Staff July 31, 2014

World crude steel production for the 65 countries reporting to the World Steel Association (Worldsteel) stands at 137 million tonnes for June 2014, an increase of 3.1 percent compared with June 2013.

Confirming the improvement in steel markets, Worldsteel adds that world crude steel production through the first six months of the year stands at 821.3 million tonnes, a 2.5 percent increase compared with the same six-month period in 2013.

Steel production in the European Union 28 increased by 3.8 percent for the month, while Asia and North America reported growth of 2.9 percent and 1.7 percent, respectively, in the first half of 2014. South America and Commonwealth of Independent State (CIS) countries reported steel production declining by 1 percent and 2.6 percent, respectively.

China’s crude steel production for June 2014 was 69.3 million tonnes, up 4.5 percent compared with June 2013.

Elsewhere in Asia, Japan produced 9.1 million tonnes of crude steel in June 2014, a decrease of 1.7 percent over June 2013. India’s crude steel production was 6.7 million tonnes, an increase of 0.8 percent compared with June 2013. South Korea produced 6 million tonnes of crude steel in June 2014, up 10.8 percent from June 2013.

In the EU, Germany produced 3.6 million tonnes of crude steel in June 2014, an increase of 0.6 percent compared with June 2013; Italy produced 2.1 million tonnes of crude steel, down 3.7 percent compared with June 2013; France’s crude steel production was 1.4 million tonnes, an increase of 1.6 percent from June 2013; and Spain produced 1.3 million tonnes of crude steel, up by 6 percent compared with June 2013.

Turkey’s crude steel production for June 2014 was 3.1 million tonnes, up 6.7 percent from June 2013.

In June 2014, Ukraine produced 2.6 million tonnes of crude steel, a decrease of 6 percent compared with the same month in 2013.

The United States produced 7.2 million tonnes of crude steel in June 2014, an increase of 1.9 percent compared withJune 2013.

Brazil’s crude steel production for June 2014 was 2.7 million tonnes, down by 4.9 percent on June 2013.

The crude steel capacity utilization ratio for the 65 countries in June 2014 was 78.3 percent, which is a decline of 0.1 percent from the same time last year, although it remains the same as May 2014.

To view a pdf of Worldsteel's June steel production figures, click here.

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