Crude steel production rises slightly in February 2015

 

WorldSteel – World crude steel production for the 65 countries reporting to the World Steel Association (worldsteel) was 128 million tonnes (Mt) in February 2015, a 0.6% increase compared to February 2014. 

China’s crude steel production for February 2015 was estimated at 65.0 Mt. The total production for January and February 2015 in China has been confirmed at 130.5 Mt. Elsewhere in Asia, Japan produced 8.4 Mt of crude steel in February 2015, a decrease of -0.2% compared to February 2014. South Korea’s crude steel production was 5.1 Mt, down by -4.4% on February 2014.

In the EU, Germany produced 3.5 Mt of crude steel in February 2015, a decrease of -1.6% compared to February 2014. Italy produced 2.0 Mt of crude steel, down by -9.7% on February 2014. France’s crude steel production was 1.3 Mt, a decrease of -1.6% compared to February 2014. Spain produced 1.1 Mt of crude steel, down by -4.4% compared to February 2014.

Turkey’s crude steel production for February 2015 was 2.4 Mt, down by -12.2% on February 2014.

In February 2015, Russia produced 5.7 Mt of crude steel, up by 5.6% over February 2014. Ukraine produced 1.6 Mt of crude steel, down by -33.2% compared to the same month 2014.

The US produced 6.3 Mt of crude steel in February 2015, a decrease of -7.9% compared to February 2014.

Brazil’s crude steel production for February 2015 was 2.7 Mt, up by 2.3% on February 2014.

The crude steel capacity utilisation ratio for the 65 countries in February 2015 was 73.4%. It is -1.7 percentage points lower than February 2014. Compared to January 2015, it is 3.8 percentage points higher.

Production of Arab companies slight down by -1.13% to 1.574 million tons, compared to 1.592 million tons in February 2013.

Egypt production of all companies rose by 5.57% to 550 thousand tons, Saudi Arabia production, Hadeed Sabic only, rose by 4.3% to 509 thousand tons