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Global crude steel production in August 2018 up by 2.6pct YoY

World crude steel production for the 64 countries reporting to the World Steel Association (worldsteel) was 151.7 million tonnes in August 2018, a 2.6% increase compared to August 2017. The global crude steel production during January-August 2018 totalled 1.187 billion tonnes, up by 4.6% YoY.

Region Wise

Region Aug’17 Aug’18 YoY Jan-Aug’17 Jan-Aug’18 YoY
Total 64 countries 147 899 151 740 2.5% 1 132 843 1 187 458 4.6%
Asia 105 241 108 339 2.9% 787 857 830 875 5.2%
European Union (28) 12 424 12 593 1.3% 112 405 114 215 1.6%
North America 9 831 10 286 4.4% 77 340 79 757 3.0%
C.I.S. (6) 8 688 8 691 0.0% 66 294 67 808 2.2%
South America 3 740 3 827 2.3% 28 574 29 527 3.2%
Other Europe 3 489 3 318 -5.2% 26 781 27 440 2.4%
Middle East 2 809 2 954 4.9% 20 856 23 859 12.6%
Africa 1 157 1 159 0.2% 8 826 9 577 7.8%
Oceania 520 574 9.4% 3 910 4 401 11.1%
 

In ‘000 tonnes
Worldsteel

China’s crude steel production for August 2018 was 80.3 million tonnes, an increase of 2.7% compared to August 2017. India produced 8.8 million tonnes of crude steel in August 2018, an increase of 3.7% compared to August 2017. Japan produced 8.8 million tonnes of crude steel in August 2018, up 0.9% on August 2017. South Korea’s crude steel production was 6.1 million tonnes in August 2018, unchanged from its August 2017 production.

Top 20 Nations

Rank Country Aug’17 Aug’18 YoY Jan-Aug’17 Jan-Aug’18 YoY
1 China 78 207 80 326 2.6% 576 301 610 385 5.6%
2 India 8 520 8 839 3.6% 66 703 71 140 6.2%
3 Japan 8 728 8 805 0.9% 69 641 70 195 0.8%
4 United States 7 099 7 461 4.9% 54 737 56 903 3.8%
5 South Korea 6 097 6 097 0.0% 47 061 48 330 2.6%
6 Russia 6 175 6 170 -0.1% 47 363 48 264 1.9%
7 Germany 3 629 3 900 7.0% 29 366 30 255 2.9%
8 Turkey 3 182 3 000 -6.1% 24 742 25 159 1.7%
9 Brazil 2 955 3 020 2.1% 22 502 23 234 3.2%
10 Iran 1 816 1 980 8.3% 13 513 16 437 17.8%
11 Italy 1 097 1 162 5.6% 15 605 16 137 3.3%
12 Taiwan, China 1 886 2 040 7.6% 15 213 15 501 1.9%
13 Ukraine 1 855 1 786 -3.9% 13 719 13 992 2.0%
14 Mexico 1 636 1 750 6.5% 13 408 13 932 3.8%
15 France 1 135 944 -20.2% 10 414 10 257 -1.5%
16 Spain 1 130 1 205 6.2% 9 514 9 555 0.4%
17 Vietnam (2) 955 1 402 31.9% 6 774 8 937 24.2%
18 Canada 1 043 1 020 -2.3% 8 801 8 519 -3.3%
19 Poland 846 810 -4.4% 6 886 6 843 -0.6%
20 Belgium 640 740 13.5% 5 202 5 473 5.0%
 

In ‘000 tonnes
Worldsteel

Source : STRATEGIC RESEARCH INSTITUTE, STEELGURU

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