BRUSSELS (Commodity Online): World crude steel production for the 66 countries reporting to the World Steel Association (worldsteel) was 108 million metric tons (mmt) in February. This is 24.2% higher than February 2009. Compared to the same month in 2009, February 2010 crude steel production showed a continued increase in all the major–steel producing countries.

China’s crude steel production for February 2010 was 50.4 mmt, an increase of 22.5% on February 2009. Japan produced 8.4 mmt of crude steel in February 2010, up 54% compared to the same month last year. South Korea showed an increase of 25% from February 2009, producing 3.9 mmt of crude steel in February 2010.



In the EU, Germany’s crude steel production for February 2010 was 3.4 mmt, an increase of 34.3% compared to February 2009. Italy produced 2.2 mmt, 28.5% higher than the same month in 2009. Spain produced 1.3 mmt of crude steel in February 2010, an increase of 35.8% on February 2009. France’s crude steel production was 1.1 mmt, up 10% compared to the same month last year.
Turkey produced 1.8 mmt of crude steel in February 2010, a 1.6% increase over the same month in 2009.The US produced 6.0 mmt of crude steel in February 2010, an increase of 51.3% compared to February 2009. Brazilian crude steel production was 2.4 mmt, 47.9% higher than February 2009. Iran produced 1.0 mmt of crude steel in February 2010, an increase of 3.3% on February 2009. Egypt’s crude steel production for February 2010 was 0.4 mmt, 10.6% higher than the same month last year.

Australia produced 0.5 mmt of crude steel in February 2010, recording a 89.6% increase over the same month in 2009.The world crude steel capacity utilisation ratio for the 66 countries in February 2010 was 79.8%, a 15-month high since September 2008. Compared to February 2009, the utilisation ratio in February 2010 increased by 12.0 percentage points.

Post your comment  (0)

Connect:

Post to Twitter

Post to Facebook