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IISI Reports World Crude Steel Production for November 2005

Figures released by the International Iron and Steel Institute (IISI) show that world crude steel production for the 61 countries reporting stood at an estimated 94.1 million tonnes in November — 4.1% higher than for the November 2004. Year-to-date world crude steel production has already exceeded 1 billion tonnes for the year. (2004 was the first year in which the world produced more than one billion tonnes of crude steel.)

World Steel Production by Region
for November 2005
Region
% of Nov. '05 Total World Production
% Change vs. Nov. '04
EU(25)
16.89%
– 4.0%
Other Europe
2.58%
+9.6%
CIS
10.24%
+3.3%
N. America
10.97%
–6.1%
S. America
4.02%
–2.4%
Africa
1.45%
–3.6%
Middle East
1.34%
+10.5%
Asia
51.75%
+3.0%
Oceania
0.77%
+4.1%
World
100%
+4.1%

Weighing in at nearly 52% of total world production for November 2005, production in Asia climbed to 48.7 million tonnes in November, 10.5% higher than in November 2004. Representing 32.4% of world production for November, Chinese production grew to 30.5 million tonnes in November, an increase of 17.4% compared to November 2004. Year-to-date production for the total Asian region, 516.9 million tonnes, reflects a 15.6% increase compared to YTD 2004. YTD production in China was 317.7 million tonnes, an increase of 25.5% compared to YTD 2004.

The twenty five countries of the European Union (EU(25)) produced 15.9 million tonnes of crude steel in November, 4.0% less than in November 2004. Comparing November 2005 to November 2004, crude steel production increased 39.5% in Greece, but decreased 16.2% in the Czech Republic. Year-to-date production for the region, 171.5 million tonnes, is 3.8% lower than YTD 2004 production.

Production in Other Europe totaled 2.4 million tonnes in November, an increase of 9.6% compared to November 2004. Croatia showed the largest increase (+29.5%) over the period, while Romania exhibited a slight (–3.3%) decrease. Year-to-date production for the region, 26.3 million tonnes, reflects a 1.1% increase compared to YTD 2004.

Production in the countries of the CIS totaled 9.6 million tonnes in November, an increase of 3.3% compared to November 2004. Countries exhibiting the most significant growth over the period included Moldova (+84.8%) and Byelorussia (+42.9%). These two countries contributed only one tenth and two tenths of a percent of total world production in November, respectively. Year-to-date production for the region, 102.3 million tonnes, reflects a 0.2% decrease compared to YTD 2004.

North American production totaled 10.3 million tonnes in November, a 6.1% decrease compared to November 2004. Production also fell significantly in Canada (–5.2%) and the United States (–5.6%) over the same period. These decreases are significant, as these two countries contributed 1.4% and 8.2% of total world steel production in November. Year-to-date production for the region, 115.7 million tonnes, reflects a 5.3% decrease compared to YTD 2004. Canadian and U.S. production fell by 4.9% and 5.9% over the same period.

South American production for November 2005 totaled 3.8 million tonnes, a 2.4% decrease compared to November 2004. The most significant cutbacks were recorded in Chile (–39.2%). Year-to-date production for the region, 41.5 million tonnes, reflects a 1.2% decrease compared to YTD 2004.

Production in Africa totaled 1.4 million tonnes in November 2005, a 3.6% decrease compared to November 2004. Year-to-date production for the region, 16.0 million tonnes, reflects a 6.7% increase compared to YTD 2004.

Production in the Middle East totaled 1.3 million tonnes in November 2005, a 3.2% increase compared to November 2004. Year to date production for the region, 13.4 million tonnes, is 7.4% higher than YTD 2004.

Production in Oceania totaled 0.7 million tonnes in November, an increase of 3.0% compared to November 2004. Year-to-date production for the region, 8.0 million tonnes, reflects a 4.6% increase compared to YTD 2004.

Total world production for year-to-date 2005 reached 1,011.6 million tonnes through November, an increase of 6.1% compared to the first eleven months of last year. Excluding China, world crude steel production reached 694.0 million tonnes, 0.9% lower than for the same period of 2004.