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World crude steel production down a marginal 0.5%

22 Apr 2016

World crude steel production for the 66 countries reporting to the World Steel Association (worldsteel) was 137 million tons (mt) in March 2016, a 0.5% decrease compared to March 2015.

 

World crude steel production was 385.7 mt in the first three months of 2016, down by 3.6% compared to the same period in 2015.

 

Asia produced 263.6 mt of crude steel, a decrease of 3.1% over the first quarter of 2015.

 

The EU produced 40.9 mt of crude steel in the first quarter of 2016, down by 7.0% compared to the same quarter of 2015.

 

North America’s crude steel production in the first three months of 2016 was 27.5 mt, a decrease of 1.1% compared to the first quarter of 2015.

 

The C.I.S. produced 25.0 mt of crude steel in the first three months of 2016, a decrease of 0.4% over the same months of 2015.

 

China’s crude steel production for March 2016 was 70.7 mt, an increase of 2.9% compared to March 2015.

 

Elsewhere in Asia, Japan produced 8.6 mt of crude steel in March 2016, a decrease of 6.8% compared to March 2015.

 

India’s crude steel production was 8.1 mt in March 2016, up by 3.4% on March 2015.

 

In the EU, Germany produced 3.8 mt of crude steel in March 2016, a decrease of 1.6% compared to March 2015. Italy produced 2.0 mt of crude steel, down by 3.5% on March 2015. France produced 1.1 mt of crude steel, down by 21.4% compared to March 2015.

 

Turkey’s crude steel production for March 2016 was 2.7 mt, up by 1.3% on March 2015.

 

In March 2016, Russia produced 6.0 mt of crude steel, down by 2.0% over March 2015. Ukraine produced 2.2 mt of crude steel, up by 28.1% compared to the same month in 2015.

 

The US produced 6.7 mt of crude steel in March 2016, an increase of 4.9% compared to March 2015.

 

Brazil’s crude steel production for March 2016 was 2.5 mt, down by 9.5% on March 2015.

 

The crude steel capacity utilisation ratio of the 66 countries in March 2016 was 70.5%. This is -1.3 percentage points lower than March 2015. Compared to February 2016, it is 3.9 percentage points higher.