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World Crude Steel Production for May 2015; U.S. Down 8.5% From Last Year



Picture Above: World Crude Steel Production, May 2015

China’s crude steel production for May 2015 was 70.0 Mt, a -1.7% decrease compared to May 2014. Japan produced 8.9 Mt of crude steel in May 2015, a decrease of -7.0% compared to May 2014. South Korea’s crude steel production for May 2015 was 6.0 Mt of crude steel, down by -2.6% compared to May 2014.

In the EU, Germany produced 3.7 Mt of crude steel in May 2015, a decrease of -5.4% compared to May 2014. Italy produced 2.0 Mt of crude steel, down by -12.6% on May 2014. France’s crude steel production was 1.4 Mt, an increase of 5.8% compared to May 2014. Spain produced 1.4 Mt of crude steel, a 1.9% increase year on year.

Turkey’s crude steel production for May 2015 was 2.9 Mt, down by -4.3% on May 2014.

In May 2015, Russia produced 6.1 Mt of crude steel, down by -1.9% over May 2014. Ukraine produced 2.2 Mt of crude steel, down by -23.0% compared to the same month 2014.

The US produced 6.8 Mt of crude steel in May 2015, a decrease of -8.5% compared to May 2014.

Brazil’s crude steel production for May 2015 was 3.0 Mt, up by 3.8% on May 2014.

The crude steel capacity utilisation ratio for the 65 countries in May 2015 was 72.1%. It is -3.4 percentage points lower than May 2014. Compared to April 2015, it is 0.4 percentage points lower.


Pictured Above: World steel capacity utilization ratio, May 2015


The World Steel Association (worldsteel) is one of the largest and most dynamic industry associations in the world. worldsteel represents approximately 170 steel producers (including 9 of the world's 10 largest steel companies), national and regional steel industry associations, and steel research institutes. worldsteel members represent around 85% of world steel production.