India's steel production up 4.8% in November 2014

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Capital Market
Last Updated : Dec 19 2014 | 10:15 PM IST

World crude steel production rose 0.1% to 131 million tonnes (mt) in November 2014

India's crude steel production increased 4.8% to 6.89 mt in November 2014 over November 2013. China's crude steel production for November 2014 was 63.3 mt, a slight decrease of -0.2% compared to November 2013. Elsewhere in Asia, Japan produced 9.2 mt of crude steel in November 2014, a decrease of -1.1% compared to November 2013. South Korea produced 5.9 mt of crude steel in November 2014, up by 5.5% on November 2013.

In the EU, Germany produced 3.6 mt of crude steel in November 2014, a decrease of -1.9% compared to November 2013. Italy produced 1.9 mt of crude steel, down by -13.9% on November 2013. France's crude steel production was 1.4 mt, an increase of 5.8% compared to November 2013. Spain produced 1.2 mt of crude steel, down by -1.9% compared to November 2013.

Turkey's crude steel production for November 2014 was 2.8 mt, down by -8.6% on November 2013.

In November 2014, Russia produced 5.8 mt of crude steel, up by 5.8% over November 2013. Ukraine produced 1.8 mt of crude steel, a decrease of -28.6% compared to the same month 2013.

The US produced 7.2 mt of crude steel in November 2014, an increase of 1.5% compared to November 2013.

Brazil's crude steel production for November 2014 was 2.8 mt, up by 2.4% on November 2013.

The crude steel capacity utilisation ratio for the 65 countries in November 2014 was 73.5%. It is -2.5 percentage points lower than November 2013. Compared to October 2014, it is -1.2 percentage points lower.

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First Published: Dec 19 2014 | 8:40 PM IST

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