23-02-2017

World Steel Association: January 2017 crude steel production

Worldsteel

World crude steel production for the 67 countries reporting to the World Steel Association (worldsteel) was 136.5 million tonnes (Mt) in January 2017, a 7.0% increase compared to January 2016.

China’s* crude steel production for January 2017 was 67.2 Mt, an increase of 7.4% compared to January 2016, an apparently high percentage figure explained by the fact that January 2016 saw a marked dip in Chinese steel production. Japan produced 9 Mt of crude steel in January 2017, an increase of 2.7% compared to January 2016.

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In the EU, Germany produced 3.6 Mt of crude steel in January 2017, an increase of 1.2% compared to January 2016. Italy produced 1.8 Mt of crude steel, up by 0.3% on January 2016. Spain produced 1.2 Mt of crude steel, down by -4.2% compared to January 2016.

Turkey’s crude steel production for January 2017 was 2.9 Mt, up by 12.8% on January 2016.

In January 2017, Russia produced 6.2 Mt of crude steel, up by 11.6% over January 2016. Ukraine produced 2.1 Mt of crude steel, up by 8.5% compared to the same month in 2016.

The US produced 6.9 Mt of crude steel in January 2017, an increase of 6.5% compared to January 2016.

Brazil’s crude steel production for January 2017 was 2.9 Mt, up by 14.4% on January 2016.

The crude steel capacity utilisation ratio of the 67 countries in January 2017 was 68.5%. This is 3.4 percentage points higher than in January 2016. Compared to December 2016, it is 0.9 percentage point higher.

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Source: World Steel Association

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