Worldsteel: decline in crude steel production

Crude steel production for the 65 countries reporting to the World Steel Association (Worldsteel) experienced a -3.8% decrease in July 2015 (reporting 133 million tonnes (Mt) of total production), compared to July 2014. The only countries not experiencing a decline included India and Germany.

China’s crude steel production for July 2015 was 65.8 Mt, down by -4.6% compared to July 2014. Japan produced 8.8 Mt of crude steel in July 2015, down -4.9% compared to July 2014. While India’s production was 7.7 Mt in July 2015, up by 1.2% compared to July 2014.

The US produced 7.0 Mt of crude steel in July 2015, down by -9.1% compared to July 2014.
Russia produced 6.0 Mt of crude steel in July 2015, down by -2.8% over July 2014. Ukraine produced 1.9 Mt of crude steel, a decrease of -24.1% compared to the same month in 2014.
Germany produced 3.6 Mt of crude steel in July 2015, an increase of 4.7% compared to July 2014.

Brazil’s crude steel production for July 2015 was 2.9 Mt, a decrease of -3.1% on July 2014.

Turkey’s crude steel production for July 2015 was 2.5 Mt, down by -10.4% on July 2014.

Iran produced 1.3 Mt of crude steel in July 2015, down by -1.3% compared to the same month last year.

According to Worldsteel, the crude steel capacity utilisation ratio for the 65 countries in July 2015 was 68.4%, indicating a -4.2% drop in comparison to July 2014.

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