Global steel output up 4.4 percent in September – worldsteel

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Photo courtesy: World Steel Organization

World crude steel production for the 64 countries reporting to the World Steel Association (worldsteel) was 151.7 million tonnes (Mt) in September 2018, a 4.4% increase compared to September 2017.

World crude steel production was 1,347.0 Mt in the first nine months of 2018, up by 4.7% compared to the same period in 2017.

Asia produced 946.8 Mt of crude steel, an increase of 5.5% over the first nine months of 2017. The EU produced 128.0 Mt of crude steel in the first nine months of 2018, up by 1.3% compared to the same period in 2017, worldsteel said in its latest monthly report.

North America’s crude steel production in the first nine months of 2018 was 89.7 Mt, an increase of 3.4% compared to the first nine months of 2017. The C.I.S. produced 76.2 Mt of crude steel in the first nine months of 2018, up by 1.8% compared to the same period in 2017.

China’s crude steel production for September 2018 was 80.8 Mt, an increase of 7.5% compared to September 2017. Japan produced 8.4 Mt of crude steel in September 2018, a decrease of 2.4% compared to September 2017. India’s output rose 2.1 percent

In the EU, France produced 1.3 Mt of crude steel in September 2018, an increase of 1.4% compared to September 2017. Italy’s crude steel production for September 2018 was 2.2 Mt, down by 0.8% on September 2017. Spain produced 1.3 Mt in September 2018, an increase of 5.1% on 2017.

Turkey’s crude steel production for September 2018 was 2.8 Mt, a decrease of 5.9% compared to September 2017.

The US produced 7.3 Mt of crude steel in September 2018, an increase of 9.0% compared to September 2017.

Brazil’s crude steel production for September 2018 was 3.0 Mt, up by 2.5% on September 2017.

Shekhar Ghosh is consulting editor, Indoasiancommodities.com. He has edited and written for publications like Business India, Business Standard, Business Today, Outlook and many other international publications. He can be reached at shekhar.ghosh@indoasiancommodities.in.

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