Global steel production falls 3.15% in Oct 2015 – WSA

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Global crude steel production for the 66 countries reporting to the World Steel Association (wordlsteel) was 134 million tonnes (Mt) in October 2015, a -3.1% decrease compared to October 2014, the industry body said.

It said China’s crude steel production for October 2015 was 66.1 Mt, down by -3.1% compared to October 2014. Japan produced 9.0 Mt of crude steel in October 2015, a decrease of -3.8% compared to the same month in 2014.

In the EU, Germany produced 3.6 Mt of crude steel in October 2015, an increase of 2.7% compared to October 2014. Italy’s crude steel production was 1.9 Mt, down by -8.6% on October 2014, worldsteel said in a statement.

Spain produced 1.3 Mt of crude steel in October 2015, down by -3.1% compared to October 2014, while France’s production for October 2015 was 1.2 Mt, a decrease of -20.9% compared to the same month in 2014, it said.

Turkey’s crude steel production for October 2015 was 2.8 Mt, up by 2.0% on October 2014.
In October 2015, Russia produced 5.7 Mt of crude steel, down by -2.4% over October 2014. Ukraine produced 2.1 Mt of crude steel, up by 6.4% compared to the same month in 2014. The US produced 6.7 Mt of crude steel in October 2015, down by -8.8% compared to October 2014, the industry body said, adding that Brazil’s crude steel production for October 2015 was 3.0 Mt, a decrease of -2.3% on October 2014.

The crude steel capacity utilisation ratio for the 66 countries in October 2015 was 68.3%, or -3.4 percentage points lower than October 2014.

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