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Global Steel Production Up 3% in June 2014

World crude steel production in the first six months of 2014 was 821.3 mmt, an increase of 2.5% compared to the same period of 2013. The EU 28 showed an increase of 3.8% while Asia and North America reported growth of 2.9% and 1.7% respectively in the first half of 2014. South America and C.I.S. produced -1.0% and -2.6% less each.
 
China’s crude steel production for June 2014 was 69.3 mmt, up by 4.5% compared to June 2013. Elsewhere in Asia, Japan produced 9.1 mmt of crude steel in June 2014, a decrease of -1.7% over June 2013. India’s crude steel production was 6.7 mmt, an increase of 0.8% compared to June 2013. South Korea produced 6.0 mmt of crude steel in June 2014, up by 10.8% on June 2013.
 
In the EU, Germany produced 3.6 mmt of crude steel in June 2014, an increase of 0.6% compared to June 2013. Italy produced 2.1 mmt of crude steel, down by -3.7% compared to June 2013. France’s crude steel production was 1.4 mmt, an increase of 1.6% on June 2013. Spain produced 1.3 mmt of crude steel, up by 6.0% compared to June 2013.
 
Turkey’s crude steel production for June 2014 was 3.1 mmt, up by 6.7% on June 2013.
 
In June 2014, Ukraine produced 2.6 mmt of crude steel, a decrease of -6.0% compared to the same month 2013.
 
The U.S. produced 7.2 mmt of crude steel in June 2014, an increase of 1.9% compared to June 2013.
 
Brazil’s crude steel production for June 2014 was 2.7 mmt, down by -4.9% on June 2013.
 
The crude steel capacity utilization ratio for the 65 countries in June 2014 was 78.3% which is -0.1 percentage points lower than June 2013. Compared to May 2014, it remained the same.