World Crude Steel Production Increases in May 2014
07/07/2014 - World crude steel production for the 65 countries reporting to the World Steel Association (worldsteel) was 141 million metric tons in May 2014, an increase of 2.2% compared to May 2013.
China’s crude steel production for May 2014 was 70.4 metric tons, up by 2.6% compared to May 2013. Elsewhere in Asia, Japan produced 9.6 metric tons of crude steel in May 2014, a decrease of -0.3% over May 2013. South Korea’s crude steel production was 6.2 metric tons in May 2014, up by 11.4% on May 2013.
In the EU, Germany produced 3.9 metric tons of crude steel in May 2014, an increase of 7.3% compared to May 2013. Italy produced 2.3 metric tons of crude steel, down by -0.8% compared to May 2013. France’s crude steel production was 1.4 metric tons, a decrease of -4.0% on May 2013. Spain produced 1.3 metric tons of crude steel, down by -2.9% compared to May 2013.
Turkey’s crude steel production for May 2014 was 3.0 metric tons, down by -0.7% on May 2013.
In May 2014, Russia produced 6.1 metric tons of crude steel, an increase of 0.6% compared to the same month 2013. Ukraine’s production was 2.8 metric tons in May 2014, up by 2.2% on May 2013.
The U.S. produced 7.5 metric tons of crude steel in May 2014, an increase of 1.4% compared to May 2013.
Brazil’s crude steel production for May 2014 was 2.9 metric tons, down by -4.3% on May 2013.
The crude steel capacity utilization ratio for the 65 countries in May 2014 was 78.5% and it is 0.7 percentage points lower than May 2013. Compared to April 2014, it is 0.2 percentage points lower.
In the EU, Germany produced 3.9 metric tons of crude steel in May 2014, an increase of 7.3% compared to May 2013. Italy produced 2.3 metric tons of crude steel, down by -0.8% compared to May 2013. France’s crude steel production was 1.4 metric tons, a decrease of -4.0% on May 2013. Spain produced 1.3 metric tons of crude steel, down by -2.9% compared to May 2013.
Turkey’s crude steel production for May 2014 was 3.0 metric tons, down by -0.7% on May 2013.
In May 2014, Russia produced 6.1 metric tons of crude steel, an increase of 0.6% compared to the same month 2013. Ukraine’s production was 2.8 metric tons in May 2014, up by 2.2% on May 2013.
The U.S. produced 7.5 metric tons of crude steel in May 2014, an increase of 1.4% compared to May 2013.
Brazil’s crude steel production for May 2014 was 2.9 metric tons, down by -4.3% on May 2013.
The crude steel capacity utilization ratio for the 65 countries in May 2014 was 78.5% and it is 0.7 percentage points lower than May 2013. Compared to April 2014, it is 0.2 percentage points lower.
