Last Updated : 23 January 2013 at 10:40 IST
Global Crude Steel production at record 1,548 megatons in 2012:worldsteel
Global crude steel production reached record levels in 2012- it came mainly from Asia and North America while crude steel production in the EU (27) and South America decreased in 2012 compared to 2011.
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BRUSSELS (Commodity Online): The year 2012 turned out to be a record year for global crude steel production, according to World Steel Association (worldsteel).The growth came mainly from Asia and North America while crude steel production in the EU (27) and South America decreased in 2012 compared to 2011.
Annual production for Asia was 1,012.7 Mt of crude steel in 2012, an increase of 2.6% compared to 2011. The region’s share of world steel production increased slightly from 64.5% in 2011 to 65.4% in 2012. China’s crude steel production in 2012 reached 716.5 Mt, an increase of 3.1% on 2011. China’s share of world crude steel production increased from 45.4% in 2011 to 46.3% in 2012. Japan produced 107.2 Mt in 2012, a -0.3% decrease from 2011. In 2012, South Korea’s crude steel production was 69.3 Mt, a 1.2% increase compared to 2011.
The EU recorded a decrease of -4.7% compared to 2011, producing 169.4 Mt of crude steel in 2012. Germany produced 42.7 Mt of crude steel in 2012, a decrease of -3.7% on 2011. Italy produced 27.2 Mt in 2012, a -5.2% decrease over 2011. France’s crude steel production in 2012 was 15.6 Mt, a decrease of -1.1%. Spain produced 13.6 Mt of crude steel in 2012, a -12.1% decrease on 2011.
In 2012, crude steel production in North America was 121.9 Mt, an increase of 2.5% on 2011. The US produced 88.6 Mt of crude steel, 2.5% higher than 2011.
The CIS showed a decrease of -1.2% in 2012, producing 111.3 Mt of crude steel. Russia produced 68.9 Mt of crude steel, a 2.5% increase on 2011 and Ukraine recorded a decrease of -6.9% with a year-end figure of 32.9 Mt.
Annual crude steel production for South America was 46.9 Mt in 2012, a decrease of -3.0% on 2011. Brazil produced 34.7 Mt in 2012, down by -1.5% compared to 2011.
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