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World crude steel output down 1.9 percent in H1

Wednesday, 20 July 2016 17:29:39 (GMT+3)   |   Istanbul
       
Global crude steel production in June this year remained stable year on year and decreased by 2.4 percent month on month to 135.7 million metric tons, according to the World Steel Association (worldsteel). In the given month, the average capacity utilization of steel mills across the globe was 69.4 percent, 3.3 percentage points lower compared to June 2015 and down two percentage points compared to the previous month.
 
In the first half of this year, global crude steel production decreased to 794.84 million mt, down 1.9 percent year on year.
  
In June, crude steel output in China amounted to 69.5 million mt, up 1.7 percent, with 8.8 million mt produced by Japan, up 2.7 percent, 7.8 million mt produced by India, increasing by 3.9 percent, and 5.5 million mt produced by South Korea, decreasing by 6.7 percent - with all comparisons on year-on-year basis.
 
In June, Germany's output was 3.7 million mt, falling by 2.1 percent year on year, Italy's crude steel output totaled 2.03 million mt, up 5.9 percent year on year, and France's crude steel output amounted to 1.3 million mt, decreasing by 5.1 percent year on year.
 
Turkey produced 2.9 million metric tons of crude steel in June, with a two percent increase year on year. Iran's crude steel production in the given month amounted to 1.6 million mt, up 11.3 percent year on year. In June, Russia produced 5.8 million mt, up by 2.5 percent year on year, and Ukraine produced 1.8 million mt, falling 8.6 percent, both on year-on-year basis.
 
In the given month, crude steel output in the US totaled 6.8 million mt, down 0.1 percent, while Mexico produced 1.5 million mt of crude steel, down 0.9 percent, both on year-on-year basis. Crude steel output in Brazil in June this year amounted to 2.5 million mt, down 8.5 percent year on year.

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