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WSA: World Crude Steel Production up 6.6% in November 2020

https://en.steelhome.com [SteelHome] 2020-12-23 08:38:18

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World crude steel production for the 64 countries reporting to the World Steel Association (worldsteel) was 158.3 million tonnes (Mt) in November 2020, a 6.6% increase compared to November 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.

In Asia, China produced 87.7 Mt of crude steel in November 2020, an increase of 8.0% compared to November 2019. India produced 9.2 Mt of crude steel in November 2020, up 3.5% on November 2019. Japan produced 7.3 Mt of crude steel in November 2020, down 5.9% on November 2019. South Korea’s crude steel production for November 2020 was 5.8 Mt, down by 2.4% on November 2019.

In the European Union, Germany produced 3.4 Mt of crude steel in November 2020, up 14.8% on November 2019. Italy produced 2.0 Mt of crude steel in November 2020, up 3.2% on November 2019. France produced 1.1 Mt of crude steel in November 2020, up 3.7% on November 2019.

In North America, the United States produced 6.1 Mt of crude steel in November 2020, a decrease of 13.7% compared to November 2019.

In the C.I.S., production is estimated to be 8.2 Mt in November 2020, up 7.0% on November 2019. Ukraine produced 1.7 Mt of crude steel in November 2020, up 30.8% on November 2019.

In other Europe, Turkey’s crude steel production for November 2020 was 3.2 Mt, up by 11.6% on November 2019.

In South America, Brazil produced 3.0 Mt of crude steel in November 2020, up 11.2% on November 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.

(To contact the reporter on this story: tina.tong@steelhome.cn or 86-21-50585733 15800777957)
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