Last Updated : 20 February 2013 at 17:45 IST
World crude steel production rises 0.8% Y-o-Y in Jan
Source :worldsteel
China’s crude steel production for January 2013 was 59.3 Mt, up by 4.6% compared to January 2012. Elsewhere in Asia, Japan produced 8.9 Mt of crude steel in January 2013, an increase of 2.7% compared to the same month last year. South Korea’s crude steel production was 5.8 Mt in January 2013, -0.4% lower than January 2012.
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BRUSSELS (Commodity Online): World crude steel production has gained 0.8% Year-On-Year (Y-o-Y) at 125 mn tons, according to World Steel Association (worldsteel). The data is based on reports from 62 countries reporting to worldsteel.
China’s crude steel production for January 2013 was 59.3 Mt, up by 4.6% compared to January 2012. Elsewhere in Asia, Japan produced 8.9 Mt of crude steel in January 2013, an increase of 2.7% compared to the same month last year. South Korea’s crude steel production was 5.8 Mt in January 2013, -0.4% lower than January 2012.
In the EU, Germany produced 3.6 Mt of crude steel in January 2013, an increase of 5.4% on January 2012. Italy’s crude steel production was 1.8 Mt, down by -19.7% compared to January 2012. France’s crude steel production was 1.4 Mt, down by -1.3% on January 2012. Spain produced 1.1 Mt of crude steel, -2.5% lower than January 2012.
Turkey’s crude steel production for January 2013 was 2.9 Mt, a decrease of -8.8% compared to January 2012.
In January 2013, Russia produced 5.7 Mt of crude steel, a decrease of -5.7% compared to the same month last year. Ukraine’s crude steel production for January 2013 was 2.7 Mt, -4.4% less than January 2012.
The US produced 7.3 Mt of crude steel in January 2013, down by -5.8% on January 2012. The crude steel capacity utilisation ratio for the 62 countries in January 2013 declined to 71.2% from 73.2% in December 2012. Compared to January 2012, it is 5.5 percentage points lower.
