World Crude Steel Output Rose by 1.2% in 2014
01/22/2015 - World crude steel production reached 1,662 million tonnes (Mt) for the year 2014, up by 1.2% compared to 2013.
In 2014, the Middle East, the smallest region for crude steel production had the most robust growth. Crude steel production in the EU (28), North America and Asia grew modestly in 2014 compared to 2013, while in the C.I.S. and South America it decreased.
Annual production for Asia was 1,132.3 Mt of crude steel in 2014, an increase of 1.4% compared to 2013. China’s* crude steel production in 2014 reached 822.7 Mt, an increase of 0.9% on 2013. China’s share of world crude steel production decreased from 49.7% in 2013 to 49.5% in 2013. Japan produced 110.7 Mt in 2014, a 0.1% increase from 2013. South Korea’s crude steel production was 71.0 Mt, an increase of 7.5% compared to 2013.
The EU recorded an increase of 1.7% compared to 2013, producing 169.2 Mt of crude steel in 2014. Germany produced 42.9 Mt of crude steel in 2014, up by 0.7% over 2013. Italy produced 23.7 Mt in 2014, a -1.4% decrease over 2013. France’s crude steel production in 2014 was 16.1 Mt, an increase of 2.9%. Spain produced 14.2 Mt of crude steel in 2013, a decrease of -0.6% compared to 2013.
In 2014, crude steel production in North America was 121.2 Mt, an increase of 2.0% on 2013. The U.S. produced 88.3 Mt of crude steel, up by 1.7% compared to 2013.
The CIS showed a decrease of -2.8% in 2014, producing 105.3 Mt of crude steel. Russia produced 70.7 Mt of crude steel, up by 2.6% on 2013 and Ukraine recorded a decrease of -17.1% with a year-end figure of 27.2 Mt.
Annual crude steel production for South America was 45.2 Mt in 2014, a decrease of -1.4% on 2013. Brazil produced 33.9 Mt in 2014, down by -0.7% compared to 2013.
In December 2014, world crude steel production for the 65 countries reporting to the World Steel Association (worldsteel) was 133.7 Mt, an increase of 0.1% compared to December 2013. The crude steel capacity utilization ratio of the 65 countries in December 2014 was 72.7%. It is 2.4 percentage points lower than December 2013. The average capacity utilization in 2014 was 76.7% compared to 78.4% in 2013.
* China issues a preliminary year-end crude steel production figure in January based on monthly production figures issued for the year. The preliminary figures for 2013 and 2014 are used in this press release to make a year-on-year comparison. The 2013 preliminary figure issued in January 2014 was revised from 779.0 Mt to 815.4 Mt in January 2015. The 2014 preliminary figure issued this month is 822.7 Mt. This is likely to be revised.
Annual production for Asia was 1,132.3 Mt of crude steel in 2014, an increase of 1.4% compared to 2013. China’s* crude steel production in 2014 reached 822.7 Mt, an increase of 0.9% on 2013. China’s share of world crude steel production decreased from 49.7% in 2013 to 49.5% in 2013. Japan produced 110.7 Mt in 2014, a 0.1% increase from 2013. South Korea’s crude steel production was 71.0 Mt, an increase of 7.5% compared to 2013.
The EU recorded an increase of 1.7% compared to 2013, producing 169.2 Mt of crude steel in 2014. Germany produced 42.9 Mt of crude steel in 2014, up by 0.7% over 2013. Italy produced 23.7 Mt in 2014, a -1.4% decrease over 2013. France’s crude steel production in 2014 was 16.1 Mt, an increase of 2.9%. Spain produced 14.2 Mt of crude steel in 2013, a decrease of -0.6% compared to 2013.
In 2014, crude steel production in North America was 121.2 Mt, an increase of 2.0% on 2013. The U.S. produced 88.3 Mt of crude steel, up by 1.7% compared to 2013.
The CIS showed a decrease of -2.8% in 2014, producing 105.3 Mt of crude steel. Russia produced 70.7 Mt of crude steel, up by 2.6% on 2013 and Ukraine recorded a decrease of -17.1% with a year-end figure of 27.2 Mt.
Annual crude steel production for South America was 45.2 Mt in 2014, a decrease of -1.4% on 2013. Brazil produced 33.9 Mt in 2014, down by -0.7% compared to 2013.
In December 2014, world crude steel production for the 65 countries reporting to the World Steel Association (worldsteel) was 133.7 Mt, an increase of 0.1% compared to December 2013. The crude steel capacity utilization ratio of the 65 countries in December 2014 was 72.7%. It is 2.4 percentage points lower than December 2013. The average capacity utilization in 2014 was 76.7% compared to 78.4% in 2013.
* China issues a preliminary year-end crude steel production figure in January based on monthly production figures issued for the year. The preliminary figures for 2013 and 2014 are used in this press release to make a year-on-year comparison. The 2013 preliminary figure issued in January 2014 was revised from 779.0 Mt to 815.4 Mt in January 2015. The 2014 preliminary figure issued this month is 822.7 Mt. This is likely to be revised.
