World crude steel production for the 66 countries reporting to the WSA (worldsteel) was 139 million tonnes (Mt) in May 2016, a -0.1% decrease compared to May 2015.
China’s crude steel production for May 2016 was 70.5 Mt, an increase of 1.8% compared to May 2015. Elsewhere in Asia, Japan produced 8.8 Mt of crude steel in May 2016, a decrease of -0.9% compared to May 2015. India’s crude steel production was 8.0 Mt in May 2016, up by 4.9% on May 2015. South Korea’s crude steel production was 5.8 Mt in May 2016, down by -3.5% on May 2015
In the EU, Germany produced 3.9 Mt of crude steel in May 2016, an increase of 4.0% compared to May 2015. Italy produced 2.2 Mt of crude steel, up by 9.3% on May 2015. Spain produced 1.3 Mt of crude steel, down by -10.6% compared to May 2015. France produced 1.2 Mt of crude steel, down by -18.8% compared to May 2015.
Turkey’s crude steel production for May 2016 was 3.0 Mt, up by 5.4% on May 2015.
In May 2016, Russia produced 6.0 Mt of crude steel, up by 0.4% over May 2015. Ukraine produced 2.3 Mt of crude steel, up by 5.7% compared to the same month in 2015.
The United States produced 6.8 Mt of crude steel in May 2016, a decrease of -0.4% compared to May 2015.
Brazil’s crude steel production for May 2016 was 2.6 Mt, down by -13.2% on May 2015.
The crude steel capacity utilisation ratio of the 66 countries in May 2016 was 71.3%. This is 1.0 percentage point lower than May 2015. Compared to April 2016, it is 0.1 percentage point lower.
Shared by : V Dalmia
Importer & Exporter
Source: WSA
