worldsteel Reports June 2012 Crude Steel Production 0.1% Lower Year-on-Year
07/20/2012 - World crude steel production for the 62 countries reporting to the World Steel Association (worldsteel) was 128 million tonnes in June 2012, a decrease of -0.1% compared to June 2011.
World crude steel production for the 62 countries reporting to the World Steel Association (worldsteel) was 128 million tonnes in June 2012, a decrease of -0.1% compared to June 2011.
World crude steel production in the first six months of 2012 was 766.9 million tonnes, a slight increase of 0.9% compared to the same period of 2011. North America and Asia showed an increase of 7.2% and 1.6% respectively (U.S. 8.4% and China 1.8%) while the EU (27) and South America recorded negative growth of -4.6% and -3.5% each.
China’s crude steel production for June 2012 was 60.2 million tonnes, an increase of 0.6% compared to June 2011.
Elsewhere in Asia, Japan produced 9.2 million tonnes of crude steel in June 2012, up by 3.5% compared to the same month last year. South Korea’s crude steel production for June 2012 was 5.9 million tonnes, an increase of 4.3% compared to June 2011.
In the EU, Germany produced 3.7 million tonnes of crude steel in June 2012, a decrease of -4.0% on June 2011. Italy’s crude steel production for June 2012 was 2.4 million tonnes, down by -7.9% on June 2011. In June 2012, France produced 1.3 million tonnes of crude steel, down by -2.1% compared to June 2011. Spain’s crude steel production for June 2012 was 1.3 million tonnes, -8.8% lower than June 2011.
Turkey’s crude steel production for June 2012 was 2.9 million tonnes, an increase of 4.0% compared to June 2011.
The U.S. produced 7.3 million tonnes of crude steel in June 2012, up by 0.8% on June 2011.
Brazil’s crude steel production for June 2012 was 2.7 million tonnes, -8.5% lower than June 2011.
The world crude steel capacity utilization ratio for the 62 countries in June 2012 rose slightly to 80.4% from 79.7% in May 2012. Compared to June 2011, it was 2.5 percentage points lower.
The World Steel Association (worldsteel) is one of the largest industry associations in the world, representing approximately 170 steel producers (including 17 of the world's 20 largest steel companies), national and regional steel industry associations, and steel research institutes. worldsteel members produce around 85% of the world's steel.
