World crude steel
production for the 64 countries reporting to the World Steel Association
(worldsteel) was 148.3 million tonnes (Mt) in June 2020, a 7.0% decrease
compared to June 2019. Due to the ongoing difficulties presented by the
COVID-19 pandemic, many of this month’s figures are estimates that may
be revised with next month’s production update.
World crude steel production was 873.1 Mt in the first six months
of 2020, down by 6.0% compared to the same period in 2019. Asia produced
642.0 Mt of crude steel in the first half of 2020, a decrease of 3.0%
over the first half of 2019. The EU produced 68.3 Mt of crude steel in
the first half of 2020, down by 18.7% compared to the first half of
2019. North America’s crude steel production in the first half of 2020
was 50.2 Mt, a decrease of 17.6% compared to the first half of 2019.
China produced 91.6 Mt of crude steel in June 2020, an increase
of 4.5% compared to June 2019. India produced 6.9 Mt of crude steel in
June 2020, down 26.3% on June 2019. Japan produced 5.6 Mt of crude steel
in June 2020, down 36.3% on June 2019. South Korea’s steel production
for June 2020 was 5.1 Mt, down by 14.3% on June 2020.
Germany produced 2.5 Mt of crude steel in June 2020, down 27.3% on June
2019. Italy produced 1.8 Mt of crude steel in June 2020, down 13.0% on
June 2019. France and Spain each produced 0.8 Mt of crude steel in June
2020, down 34.9% and 31.5% respectively on June 2019.
The United States produced 4.7 Mt of crude steel in June 2020, a
decrease of 34.5% compared to June 2019.
Production in the C.I.S. is estimated to be 7.9 Mt in June 2020, down
5.0% on June 2019. Ukraine produced 1.8 Mt of crude steel in June 2020,
up 9.0% on June 2019.
Turkey’s crude steel production for June 2020 was 2.8 Mt, up by 4.1% on
June 2019.
Notes to Editors:
-
The World Steel Association (worldsteel) is one of the largest and
most dynamic industry associations in the world, with members in
every major steel-producing country. worldsteel represents steel
producers, national and regional steel industry associations, and
steel research institutes. Members represent around 85% of global
steel production.
-
For antitrust reasons worldsteel no longer produces a monthly global
capacity utilisation ratio. Information on capacity can be found on
the OECD
website.
Source from WSA |
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