World crude steel production in the first six months of 2016 was 794.8 Mt, a decrease of -1.9% compared to the same period of 2015. The CIS showed an increase of 0.6% whereas both North America and the Middle East reported negative growth of -0.6% and -3.2% respectively in the first half of 2016. Crude steel production in Asia declined by -1.0% and it decreased by -6.1% in the EU 28. South American production reduced considerably by -13.8% in the first six months of 2016 compared to the same period of 2015.
China’s crude steel production for June 2016 was 69.5 Mt, an increase of 1.7% compared to June 2015. Elsewhere in Asia, Japan produced 8.8 Mt of crude steel in June 2016, an increase of 2.7% compared to June 2015. South Korea’s crude steel production was 5.5 Mt in June 2016, down by -6.7% on June 2015.
In the EU, Germany produced 3.7 Mt of crude steel in June 2016, a decrease of -2.1% compared to June 2015. Italy produced 2.0 Mt of crude steel, up by 5.9% on June 2015. France produced 1.3 Mt of crude steel, down by -5.1% compared to June 2015. Spain produced 1.1 Mt of crude steel, down by -13.7% compared to June 2015.
Turkey’s crude steel production for June 2016 was 2.9 Mt, up by 2.0% on June 2015.
In June 2016, Russia produced 5.8 Mt of crude steel, up by 2.5% over June 2015. Ukraine produced 1.8 Mt of crude steel, down by -8.6% compared to the same month in 2015.
The United States produced 6.8 Mt of crude steel in June 2016, a decrease of -0.1% compared to June 2015.
Brazil’s crude steel production for June 2016 was 2.5 Mt, down by -8.5% on June 2015.
The crude steel capacity utilisation ratio of the 66 countries in June 2016 was 69.4%. This is 3.3 percentage points lower than June 2015. Compared to May 2016, it is 2 percentage points lower.
Source:
worldsteel