World crude steel production rises 1.4% to 135 million tonnes in August 2014

Image
Capital Market
Last Updated : Sep 23 2014 | 3:15 PM IST

India posts healthy 5.2% increase in steel production to 7 million tonnes in August 2014

World crude steel production for the 65 countries reporting to the World Steel Association (worldsteel) was 135 million tonnes (mt) in August 2014, an increase of 1.4% compared to August 2013.

China's crude steel production for August 2014 was 68.9 mt, up by 1.0% compared to August 2013. Elsewhere in Asia, Japan produced 9.3 mt of crude steel in August 2014, an increase of 2.2% compared to August 2013.

In August 2014, India produced 7.0 mt of crude steel, an increase of 5.2% compared to the same month 2013. South Korea produced 5.3 mt of crude steel in August 2014, up by 8.0% on August 2013.

In the EU, Germany produced 3.1 mt of crude steel in August 2014, a decrease of -1.0% compared to August 2013. Spain produced 1.1 mt of crude steel, down by -0.4% compared to August 2013. France's crude steel production was 1.1 mt, a decrease of -9.1% on August 2013. Italy produced 1.0 mt of crude steel, down by -0.8% compared to August 2013.

Turkey's crude steel production for August 2014 was 2.9 mt, up by 13.9% on August 2013.

In August 2014, Russia produced 6.2 mt of crude steel, up by 5.8% over August 2013. Ukraine produced 1.8 mt of crude steel, a decrease of -37.0% compared to the same month 2013.

The US produced 7.7 mt of crude steel in August 2014, an increase of 2.9% compared to August 2013.

Brazil's crude steel production for August 2014 was 2.9 mt, down by -1.4% on August 2013.

The crude steel capacity utilization ratio for the 65 countries in August 2014 was 74.2%. It is -1.4 percentage points lower than August 2013. Compared to July 2014, it is -1.2 percentage points lower.

Powered by Capital Market - Live News

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Sep 23 2014 | 2:29 PM IST

Next Story