worldsteel: Global Steel Production Flat in October
11/21/2014 - World crude steel production for the 65 countries reporting to the World Steel Association (worldsteel) was 137 million metric tons (million metric tons) in October 2014, the same compared to October 2013.
China’s crude steel production for October 2014 was 67.5 million metric tons, a slight decrease of -0.3% compared to October 2013. Elsewhere in Asia, Japan produced 9.4 million metric tons of crude steel in October 2014, a decrease of -0.5% compared to October 2013. South Korea produced 6.2 million metric tons of crude steel in October 2014, up by 4.5% on October 2013.
In the EU, Germany produced 3.5 million metric tons of crude steel in October 2014, a decrease of -5.9% compared to October 2013. Italy produced 2.1 million metric tons of crude steel, down by -5.4% on October 2013. France’s crude steel production was 1.5 million metric tons, an increase of 15.0% compared to October 2013. Spain produced 1.3 million metric tons of crude steel, down by -0.4% compared to October 2013.
Turkey’s crude steel production for October 2014 was 2.7 million metric tons, down by -11.0% on October 2013.
The U.S. produced 7.3 million metric tons of crude steel in October 2014, a decrease of -0.7% compared to October2013.
Brazil’s crude steel production for October 2014 was 3.1 million metric tons, up by 2.7% on October 2013.
The crude steel capacity utilization ratio for the 65 countries in October 2014 was 74.7%. It is -2.6 percentage points lower than October 2013. Compared to September 2014, it is -1.4 percentage points lower.
In the EU, Germany produced 3.5 million metric tons of crude steel in October 2014, a decrease of -5.9% compared to October 2013. Italy produced 2.1 million metric tons of crude steel, down by -5.4% on October 2013. France’s crude steel production was 1.5 million metric tons, an increase of 15.0% compared to October 2013. Spain produced 1.3 million metric tons of crude steel, down by -0.4% compared to October 2013.
Turkey’s crude steel production for October 2014 was 2.7 million metric tons, down by -11.0% on October 2013.
The U.S. produced 7.3 million metric tons of crude steel in October 2014, a decrease of -0.7% compared to October2013.
Brazil’s crude steel production for October 2014 was 3.1 million metric tons, up by 2.7% on October 2013.
The crude steel capacity utilization ratio for the 65 countries in October 2014 was 74.7%. It is -2.6 percentage points lower than October 2013. Compared to September 2014, it is -1.4 percentage points lower.
