World crude steel production rises 1.4% in July 2016

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Capital Market
Last Updated : Aug 25 2016 | 12:01 AM IST

India's crude steel production surges 8.1% in July 2016

World crude steel production for the 66 countries reporting to the World Steel Association (worldsteel) was 133.7 million tonnes (mt) in July 2016, 1.4% up on July 2015.

China's crude steel production for July 2016 was 66.8 mt, an increase of 2.6% compared to July 2015. Elsewhere in Asia, Japan produced 8.9 mt of crude steel in July 2016, an increase of 0.5% compared to July 2015. India produced 8.1 mt of crude steel in July 2016, up 8.1% compared to the same month last year. South Korea's crude steel production was 6.0 mt in July 2016, up by 1.5% on July 2015.

In the EU, Germany produced 3.4 mt of crude steel in July 2016, a decrease of -6.1% compared to July 2015. The United Kingdom produced 0.7 mt of crude steel, down by -27.3% on July 2015.

Turkey's crude steel production for July 2016 was 2.7 mt, up by 6.5% on July 2015.

In July 2016, Russia produced 6.1 mt of crude steel, up by 0.9% over July 2015. Ukraine produced 2.1 mt of crude steel, up by 10.5% compared to the same month in 2015.

The United States produced 6.9 mt of crude steel in July 2016, a decrease of -2.2% compared to July 2015.

Brazil's crude steel production for July 2016 was 2.7 mt, down by -6.0% on July 2015.

The crude steel capacity utilisation ratio of the 66 countries in July 2016 was 68.3%. This is the same figure as in July 2015. Compared to June 2016, it is 3.7 percentage points lower.

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First Published: Aug 24 2016 | 11:26 AM IST

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