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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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