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Global Steel Production Down 2.9% in January
02/24/2015 - World crude steel production for the 65 countries reporting to the World Steel Association (worldsteel) was 133 million metric tons (Mt) in January 2015, a -2.9% decrease compared to January 2014.
China’s* crude steel production for January 2015 was 65.5 Mt, a decrease of -4.7% compared to January 2014. Elsewhere in Asia, Japan produced 9.0 Mt of crude steel in January 2015, a decrease of -4.0% compared to January 2014.
In the EU, Germany produced 3.7 Mt of crude steel in January 2015, an increase of 0.5% compared to January 2014. Italy produced 1.9 Mt of crude steel, down by -11.3% on January 2014. France’s crude steel production was 1.3 Mt, a decrease of -10.6% compared to January 2014. Spain produced 1.3 Mt of crude steel, up by 11.8% compared to January 2014.
Turkey’s crude steel production for January 2015 was 2.6 Mt, down by -10.4% on January 2014.
In January 2015, Russia produced 6.1 Mt of crude steel, up by 6.0% over January 2014. Ukraine produced 1.9 Mt of crude steel, down by -25.2% compared to the same month 2014.
The U.S. produced 7.4 Mt of crude steel in January 2015, an increase of 0.4% compared to January 2014.
Brazil’s crude steel production for January 2015 was 3.0 Mt, up by 7.7% on January 2014.
The crude steel capacity utilization ratio for the 65 countries in January 2015 was 72.5%. It is -4.4 percentage points lower than January 2014. Compared to December 2014, it is -0.4 percentage points lower.
*China’s January production data is a worldsteel estimate based on the reported production by CISA members adjusted according to their share of the national total.
In the EU, Germany produced 3.7 Mt of crude steel in January 2015, an increase of 0.5% compared to January 2014. Italy produced 1.9 Mt of crude steel, down by -11.3% on January 2014. France’s crude steel production was 1.3 Mt, a decrease of -10.6% compared to January 2014. Spain produced 1.3 Mt of crude steel, up by 11.8% compared to January 2014.
Turkey’s crude steel production for January 2015 was 2.6 Mt, down by -10.4% on January 2014.
In January 2015, Russia produced 6.1 Mt of crude steel, up by 6.0% over January 2014. Ukraine produced 1.9 Mt of crude steel, down by -25.2% compared to the same month 2014.
The U.S. produced 7.4 Mt of crude steel in January 2015, an increase of 0.4% compared to January 2014.
Brazil’s crude steel production for January 2015 was 3.0 Mt, up by 7.7% on January 2014.
The crude steel capacity utilization ratio for the 65 countries in January 2015 was 72.5%. It is -4.4 percentage points lower than January 2014. Compared to December 2014, it is -0.4 percentage points lower.
*China’s January production data is a worldsteel estimate based on the reported production by CISA members adjusted according to their share of the national total.
