China & US drive global crude steel production growth in Jan-Feb’19

World crude steel production for the 64 countries reporting to the World Steel Association (worldsteel) was 137.3 million tonnes in February 2019, a 4.1% increase compared to February 2018. Global crude steel production during Jan-Feb’19 totalled 287.609 million tonne up by 3.8%, driven by 9.2% & 6.9% YoY surge in China & US respectively. India remained at 2nd spot in Jan-Feb’19 with 17.921 million tonnes, up by meager 0.1% 

Region Wise

Region	Feb’18	Feb’19	YoY	Jan-Feb’18	Jan-Feb’19	YoY
Total 64 countries	131 916	137 274	4.1%	277 191	287 609	3.8%
Asia	90 385	96 500	6.8%	190 725	202 739	6.3%
European Union (28)	13 664	12 984	-5.0%	27 968	26 878	-3.9%
North America	9 398	9 421	0.2%	19 196	19 733	2.8%
C.I.S. (6)	7 686	7 534	-2.0%	16 378	15 854	-3.2%
South America	3 489	3 288	-5.8%	7 042	6 935	-1.5%
Middle East	2 395	2 927	22.2%	5 622	6 152	9.4%
Other Europe	3 300	2 918	-11.6%	6 818	5 821	-14.6%
Africa	1 122	1 263	12.6%	2 412	2 535	5.1%
Oceania	477	439	-8.0%	1 029	962	-6.5%

In ‘000 tonnes
Source – worldsteel

Top 20 Nations

Rank	Country	Feb’18	Feb’19	YoY	Jan-Feb’18	Jan-Feb’19	YoY
1	China	65 020	70 988	9.2%	137 006	149 581	9.2%
2	India	8 545	8 738	2.3%	17 899	17 921	0.1%
3	Japan	8 295	7 743	-6.6%	17 321	15 885	-8.3%
4	United States	6 592	6 896	4.6%	13 483	14 414	6.9%
5	South Korea	5 414	5 471	1.1%	11 720	11 849	1.1%
6	Russia	5 473	5 230	-4.4%	11 539	11 020	-4.5%
7	Germany	3 442	3 120	-9.4%	7 118	6 575	-7.6%
8	Brazil	2 708	2 662	-1.7%	5 569	5 595	0.5%
9	Turkey	3 011	2 635	-12.5%	6 199	5 203	-16.1%
10	Iran	1 656	2 015	21.7%	3 945	4 245	7.6%
11	Italy	2 104	2 046	-2.7%	4 135	4 005	-3.1%
12	Taiwan, China	1 482	1 815	22.5%	3 303	3 825	15.8%
13	Ukraine	1 608	1 689	5.0%	3 553	3 539	-0.4%
14	Mexico	1 642	1 435	-12.6%	3 357	3 024	-9.9%
15	Vietnam (c)	825	1 260	52.7%	1 875	2 680	42.9%
16	France	1 251	1 248	-0.3%	2 623	2 486	-5.2%
17	Spain	1 107	1 135	2.5%	2 221	2 315	4.2%
18	Canada	1 114	1 040	-6.7%	2 254	2 190	-2.8%
19	Other E.U. (28) (a)	856	840	-1.9%	1 736	1 780	2.5%
20	Poland	858	800	-6.8%	1 768	1 690	-4.4%

In ‘000 tonnes
Source – worldsteel
*China’s February production figure is a China Iron and Steel Association (CISA) estimate.

Source : STRATEGIC RESEARCH INSTITUTE, STEELGURU

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