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Global crude steel production in October 2018 up 5.8pct YoY

World crude steel production for the 64 countries reporting to the World Steel Association (worldsteel) was 156.6 million tonnes in October 2018, a 5.8% increase compared to October 2017, primarily driven by 6.4% YoY increase in China to monthly record of 82.552 million tonnes ie 2.66 million tonnes per day. Global crude steel production during Jan-Oct 2018 totaled 1.493 billion tonne ie monthly average of 149.3 million tonne indicating annualized record of 1.79 billion tonnes in 2018

Region wise

Region Oct’17 Oct’18 YoY Jan-Oct’17 Jan-Oct’18 YoY
Total 64 countries 148 026 156 583 5.8% 1 426 162 1 493 345 4.7%
Asia 102 712 110 516 7.6% 992 382 1 048 951 5.7%
European Union (28) 14 866 14 750 -0.8% 141 199 140 611 -0.4%
North America 9 934 10 476 5.5% 96 715 100 217 3.6%
C.I.S. (6) 8 616 8 518 -1.1% 83 521 84 725 1.4%
South America 3 865 3 956 2.4% 36 214 37 208 2.7%
Other Europe 3 517 3 531 0.4% 33 550 34 227 2.0%
Middle East 2 791 3 059 9.6% 26 494 29 929 13.0%
Africa 1 193 1 286 7.8% 11 172 12 117 8.5%
Oceania 532 491 -7.9% 4 915 5 359 9.0%
 

In ‘000 tonnes
Source – worldsteel

Top 25 Nations

Rank Country Oct’17 Oct’18 YoY Jan-Oct’17 Jan-Oct’18 YoY
1 China 75 670 82 552 9.1% 727 170 773 782 6.4%
2 India 8 736 8 770 0.4% 83 785 88 433 5.5%
3 Japan 8 971 8 564 -4.5% 87 237 87 188 -0.1%
4 United States 6 851 7 571 10.5% 68 240 71 744 5.1%
5 South Korea 5 975 6 185 3.5% 59 094 60 366 2.2%
6 Russia 5 984 6 020 0.6% 59 333 60 294 1.6%
7 Germany 3 551 3 600 1.4% 36 439 35 554 -2.4%
8 Turkey 3 306 3 164 -4.3% 31 048 31 289 0.8%
9 Brazil 3 045 3 135 3.0% 28 505 29 229 2.5%
10 Italy 2 274 2 299 1.1% 20 073 20 614 2.7%
11 Iran 1 872 2 070 10.6% 17 303 20 590 19.0%
12 Taiwan, China 1 791 1 965 9.7% 18 811 19 241 2.3%
13 Ukraine 1 917 1 788 -6.7% 17 570 17 567 0.0%
14 Mexico 1 672 1 690 1.1% 16 673 17 160 2.9%
15 France 1 356 1 309 -3.5% 13 092 12 907 -1.4%
16 Vietnam (2) 750 1 675 123.3% 8 469 11 962 41.2%
17 Spain 1 392 1 290 -7.4% 12 112 11 952 -1.3%
18 Canada 1 359 1 160 -14.6% 11 303 10 799 -4.5%
19 Poland 871 850 -2.5% 8 623 8 456 -1.9%
20 Belgium 719 740 3.0% 6 535 6 928 6.0%
21 United Kingdom 700 660 -5.7% 6 311 6 464 2.4%
22 Egypt 590 727 23.4% 5 605 6 460 15.3%
23 Netherlands 566 585 3.4% 5 617 5 668 0.9%
24 Austria 724 735 1.5% 6 801 5 579 -18.0%
25 South Africa 566 543 -4.0% 5 247 5 376 2.5%
 

In ‘000 tonnes

Source – worldsteel

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