June 2014 crude steel production for the 65 countries reporting to worldsteel

Brussels, 22 July 2014 – World crude steel production for the 65 countries reporting to the World Steel Association (worldsteel) was 137 million tonnes (Mt) in June 2014, an increase of 3.1% compared to June 2013.

World crude steel production in the first six months of 2014 was 821.3 Mt, an increase of 2.5% compared to the same period of 2013. The EU 28 showed an increase of 3.8% while Asia and North America reported growth of 2.9% and 1.7% respectively in the first half of 2014. South America and C.I.S. produced -1.0% and -2.6% less each.

China’s crude steel production for June 2014 was 69.3 Mt, up by 4.5% compared to June 2013. Elsewhere in Asia, Japan produced 9.1 Mt of crude steel in June 2014, a decrease of -1.7% over June 2013. India’s crude steel production was 6.7 Mt, an increase of 0.8% compared to June 2013. South Korea produced 6.0 Mt of crude steel in June 2014, up by 10.8% on June 2013.

In the EU, Germany produced 3.6 Mt of crude steel in June 2014, an increase of 0.6% compared to June 2013. Italy produced 2.1 Mt of crude steel, down by -3.7% compared to June 2013. France’s crude steel production was 1.4 Mt, an increase of 1.6% on June 2013. Spain produced 1.3 Mt of crude steel, up by 6.0% compared to June 2013.

Turkey’s crude steel production for June 2014 was 3.1 Mt, up by 6.7% on June 2013.

In June 2014, Ukraine produced 2.6 Mt of crude steel, a decrease of -6.0% compared to the same month 2013.

The US produced 7.2 Mt of crude steel in June 2014, an increase of 1.9% compared to June 2013.

Brazil’s crude steel production for June 2014 was 2.7 Mt, down by -4.9% on June 2013.

The crude steel capacity utilisation ratio for the 65 countries in June 2014 was 78.3% which is -0.1 percentage points lower than June 2013. Compared to May 2014, it remained the same.

Note:

• The monthly crude steel capacity utilisation ratio is calculated based on crude steel production and capacity information available at worldsteel. The capacity information is based on publicly-available data, updated twice a year and verified through worldsteel’s membership.

• The World Steel Association (worldsteel) is one of the largest and most dynamic industry associations in the world. worldsteel represents approximately 170 steel producers (including 9 of the world’s 10 largest steel companies), national and regional steel industry associations, and steel research institutes. worldsteel members represent around 85% of world steel production.

• Megatonne (Mt) is a metric unit equivalent to 1 million tonnes.