World Crude Steel Production Down Slightly Year-on-Year in January 2014
03/20/2014 - World crude steel production for the 65 countries reporting to the World Steel Association (worldsteel) was 130 million metric tons in January 2014, a decrease of -0.4% compared to January 2013.
China’s crude steel production for January 2014 was 61.6 million metric tons, down by -3.2% compared to January 2013. Elsewhere in Asia, Japan produced 9.4 million metric tons of crude steel in January 2014, an increase of 6.1% over January 2013. South Korea’s crude steel production was 6.0 million metric tons in January 2014, up by 1.9% on January 2013.
In the EU, Germany produced 3.7 million metric tons of crude steel in January 2014, an increase of 2.2% compared to January 2013. Italy produced 2.2 million metric tons of crude steel, up by 27.8% compared to January 2013. Spain’s crude steel production was 1.1 million metric tons, an increase of 11.1% on January 2013. The UK produced 1.1 million metric tons of crude steel, up by 31.5% compared to January 2013.
Turkey’s crude steel production for January 2014 was 2.8 million metric tons, down by -0.9% on January 2013.
In January 2014, Russia produced 5.9 million metric tons of crude steel, an increase of 4.1% compared to the same month 2013. Ukraine’s production was 2.5 million metric tons in January 2014, down by -13.5% on January 2013.
The U.S. produced 7.3 million metric tons of crude steel in January 2014, down by -0.5% on January 2013.
Brazil’s crude steel production for January 2014 was 2.7 million metric tons, a decrease of -1.4% compared to January 2013.
The crude steel capacity utilization ratio for the 65 countries in January 2014 was 74.4% and it is 2.5 percentage points lower compared to January 2013. It is 0.2 percentage points higher than December 2013.
In the EU, Germany produced 3.7 million metric tons of crude steel in January 2014, an increase of 2.2% compared to January 2013. Italy produced 2.2 million metric tons of crude steel, up by 27.8% compared to January 2013. Spain’s crude steel production was 1.1 million metric tons, an increase of 11.1% on January 2013. The UK produced 1.1 million metric tons of crude steel, up by 31.5% compared to January 2013.
Turkey’s crude steel production for January 2014 was 2.8 million metric tons, down by -0.9% on January 2013.
In January 2014, Russia produced 5.9 million metric tons of crude steel, an increase of 4.1% compared to the same month 2013. Ukraine’s production was 2.5 million metric tons in January 2014, down by -13.5% on January 2013.
The U.S. produced 7.3 million metric tons of crude steel in January 2014, down by -0.5% on January 2013.
Brazil’s crude steel production for January 2014 was 2.7 million metric tons, a decrease of -1.4% compared to January 2013.
The crude steel capacity utilization ratio for the 65 countries in January 2014 was 74.4% and it is 2.5 percentage points lower compared to January 2013. It is 0.2 percentage points higher than December 2013.
