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Global Steel Production Rose Further in March 2014
04/22/2014 - World crude steel production for the 65 countries reporting to the World Steel Association (worldsteel) was 141 million metric tons (million metric tons) in March 2014, an increase of 2.7% compared to March 2013.
In the first three months of 2014, Asia produced 274.0 million metric tons of crude steel, an increase of 2.6% over the first quarter of 2013. The EU produced 43.8 million metric tons of crude steel in the first quarter of 2014, up by 6.7% compared to the same quarter of 2013. North America’s crude steel production in the first three months of 2014 was 29.9 million metric tons, an increase 0.8% compared to the first quarter of 2013. The C.I.S. produced 26.3 million metric tons of crude steel in the first three months of 2014, a decrease of -2.8% over the same months of 2013.
China’s crude steel production for March 2014 was 70.3 million metric tons, up by 2.2% compared to March 2013. Elsewhere in Asia, Japan produced 9.7 million metric tons of crude steel in March 2014, an increase of 2.9% over March 2013. South Korea’s crude steel production was 6.1 million metric tons in March 2014, up by 8.0% on March 2013.
In the EU, Germany produced 4.0 million metric tons of crude steel in March 2014, an increase of 6.1% compared to March 2013. Italy produced 2.4 million metric tons of crude steel, up by 8.0% compared to March 2013. France’s crude steel production was 1.4 million metric tons, an increase of 4.1% on March 2013. Spain produced 1.3 million metric tons of crude steel, up by 4.1% compared to March 2013.
Turkey’s crude steel production for March 2014 was 2.8 million metric tons, down by -4.3% on March 2013.
In March 2014, Russia produced 6.0 million metric tons of crude steel, an increase of 1.3% compared to the same month 2013. Ukraine’s production was 2.7 million metric tons in March 2014, down by -7.7% on March 2013.
The U.S. produced 7.4 million metric tons of crude steel in March 2014, up by 0.9% on March 2013.
The crude steel capacity utilization ratio for the 65 countries in March 2014 was 79.0% and it is 0.4 percentage points lower than March 2013. Compared to February 2014, it is 1.4 percentage points higher.
China’s crude steel production for March 2014 was 70.3 million metric tons, up by 2.2% compared to March 2013. Elsewhere in Asia, Japan produced 9.7 million metric tons of crude steel in March 2014, an increase of 2.9% over March 2013. South Korea’s crude steel production was 6.1 million metric tons in March 2014, up by 8.0% on March 2013.
In the EU, Germany produced 4.0 million metric tons of crude steel in March 2014, an increase of 6.1% compared to March 2013. Italy produced 2.4 million metric tons of crude steel, up by 8.0% compared to March 2013. France’s crude steel production was 1.4 million metric tons, an increase of 4.1% on March 2013. Spain produced 1.3 million metric tons of crude steel, up by 4.1% compared to March 2013.
Turkey’s crude steel production for March 2014 was 2.8 million metric tons, down by -4.3% on March 2013.
In March 2014, Russia produced 6.0 million metric tons of crude steel, an increase of 1.3% compared to the same month 2013. Ukraine’s production was 2.7 million metric tons in March 2014, down by -7.7% on March 2013.
The U.S. produced 7.4 million metric tons of crude steel in March 2014, up by 0.9% on March 2013.
The crude steel capacity utilization ratio for the 65 countries in March 2014 was 79.0% and it is 0.4 percentage points lower than March 2013. Compared to February 2014, it is 1.4 percentage points higher.
