World crude steel
production for the 64 countries reporting to the World Steel Association
(worldsteel) was 152.7 million tonnes (Mt) in July 2020, a 2.5% decrease
compared to July 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.
China produced 93.4 Mt of crude steel in July 2020, an increase
of 9.1% compared to July 2019. Japan produced 6.0 Mt of crude steel in
July 2020, down 27.9% on July 2019. South Korea’s steel production for
July 2020 was 5.5 Mt, down by 8.3% on July 2019.
Germany produced 2.4 Mt of crude steel in July 2020, down 24.7% on July
2019. Production in the EU overall is estimated to be 9.8 Mt of crude
steel in July 2020, down by 24.4% on July 2019.
The United States produced 5.2 Mt of crude steel in July 2020, a
decrease of 29.4% compared to July 2019.
Production in the C.I.S. is estimated to be 8.1 Mt in July 2020, down
5.8% on July 2019. Ukraine produced 1.8 Mt of crude steel in July 2020,
down 1.9% on July 2019.
Turkey’s crude steel production for July 2020 was 3.1 Mt, up by 7.4% on
July 2019.
#Ends#
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.
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(To contact the reporter on this story: leo.ji@steelhome.cn or 86-555-2238932 18616060095) |