February 2020 crude steel production showed a 2.8 per cent increase over February 2019: Worldsteel

World crude steel production for the 64 countries reporting to the World Steel Association (worldsteel) was 143.3 million tonnes in February 2020, a 2.8 per cent increase compared to February 2019.

China’s crude steel production for February 2020 was 74.8 million tonnes, an increase of 5.0 per cent compared to February 2019*. India produced 9.6 million tonnes of crude steel in February 2020, up 1.5 per cent on February 2019. Japan produced 7.9 million tonnes of crude steel in February 2020, up 2.2 per cent on February 2019.

In the EU, Italy produced 2.0 million tonnes of crude steel in February 2020, up by 0.1 per cent on February 2019. France produced 1.2 million tonnes of crude steel in February 2020, a 1.3 per cent decrease compared to February 2019.

The US produced 7.2 million tonnes of crude steel in February 2020, an increase of 3.0 per cent compared to February 2019.

Canada’s production  1.02 million tonnes in the month of February this year. 

Brazil’s crude steel production for February 2020 was 2.7 million tonnes, down by 1.3 per cent on February 2019.

Turkey’s crude steel production for February 2020 was 2.9 million tonnes, up by 8.2 per cent on February 2019. Crude steel production in Ukraine was 1.7 million tonnes last month, up 1.2 per cent on February 2019.

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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