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Issue #590 | Perishables | Mediterranean | Middle East | Africa Trade

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Peroshables

Mediterranean | Middle East | Africa Trade

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2014 Media Kit
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World Crude Steel production surges 1.7% in July

By: | at 03:31 PM | International Trade  

World crude steel production totalled 137 million tonnes (Mt) in July 2014, for the 65 countries reporting to the World Steel Association according to the group. This indicates an increase of 1.7% compared to July 2013.

China’s crude steel production for July 2014 was 68.3 Mt, up by 1.5% compared to July 2013. Elsewhere in Asia, Japan produced 9.3 Mt of crude steel in July 2014, the same level of production as in July 2013. South Korea produced 5.9 Mt of crude steel in July 2014, up by 6.2% on July 2013.

In the EU, Germany produced 3.4 Mt of crude steel in July 2014, an increase of 1.5% compared to July 2013. The UK produced 1.0 Mt of crude steel, down by -4.4% compared to July 2013. Russia produced 6.2 Mt of crude steel, up by 8.1% over July 2014. Ukraine produced 2.5 Mt of crude steel, a decrease of -11.7% compared to the same month 2013. (Photo: Lion Ferrochrome Smelter, Glencore)

The US produced 7.6 Mt of crude steel in July 2014, an increase of 2.3% compared to July 2013. Brazil’s crude steel production for July 2014 was 2.9 Mt, up by 0.5% on July 2013. The crude steel capacity utilisation ratio for the 65 countries in July 2014 was 75.4%. It is -1.2 percentage points lower than July 2013. Compared to June 2014, it is -2.9 percentage points lower.