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Brussels, 21 June 2016 – World crude steel production for the 66 countries reporting to the World Steel Association (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.
• The World Steel Association (worldsteel) is one of the largest and most dynamic industry associations in the world. worldsteel members represent approximately 85% of the world’s steel production, including over 150 steel producers with 9 of the 10 largest steel companies, national and regional steel industry associations, and steel research institutes. • The monthly crude steel capacity utilisation ratio is calculated based on crude steel production information available at worldsteel and OECD capacity estimates. |
