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Global crude steel production in H1 2014 up by 3.7% YoY

worldsteel announced that global crude steel production for the 65 countries reporting to the World Steel Association (worldsteel) was 137 million tonnes in June 2014, an increase of 3.1% compared to June 2013.

Region Jun’13 Jun’14 YoY J-Jun’13 J-Jun’14 YoY
Total 65 countries 131456 137122 790148 819050 3.70%
Asia 87930 93026 5.80% 528807 553200 4.60%
European Union (27) 14081 14200 0.80% 83706 87356 4.40%
North America 9589 9848 2.70% 58814 59704 1.50%
CIS (6) 8974 9111 1.50% 54558 53904 -1.20%
South America 3840 3594 -6.40% 22745 22156 -2.60%
Other Europe 3116 3272 5.00% 18237 18319 0.40%
Middle East 2175 2307 6.10% 12662 13834 9.30%
Africa 1306 1310 0.30% 7806 7899 1.20%
Oceania 445 455 2.20% 2811 2679 -4.70%


In ‘000 tonnes
Source – worldsteel
The crude steel capacity utilisation ratio for the 65 countries in June 2014 was 78.3% which is -0.1 percentage points lower than June 2013. Compared to May 2014, it remained the same.
Source – Strategic research Institute

(www.nctv.net)

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