[av_heading heading=’World crude steel production up 5% to 132.4 million tonnes in November 2016′ tag=’h3′ style=’blockquote modern-quote’ size=” subheading_active=’subheading_below’ subheading_size=’15’ padding=’1′ color=” custom_font=”][/av_heading]
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26 December 2016
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Crude steel capacity utilization ratio was 69.6% in November 2016.
World crude steel production for the 66 countries reporting to the World Steel Association (worldsteel) was 132.4 million tonnes (mt) in November 2016, 5.0% up on November 2015.
China’s crude steel production for November 2016 was 66.3 mt, an increase of 5.0% compared to November 2015. Elsewhere in Asia, Japan produced 8.6 mt of crude steel in November 2016, a decrease of -1.4% compared to November 2015.
In the EU, Germany produced 3.3 mt of crude steel in November 2016, a decrease of -4.2% compared to November 2015. Italy produced 2.1 mt of crude steel, up by 11.2% on November 2015. France produced 1.3 mt of crude steel in November 2016, up by 11.8% year-on-year.
Turkey’s crude steel production for November 2016 was 2.9 mt, up by 10.4% on November 2015.
In November 2016, Russia produced 6.0 mt of crude steel, up by 5.0% on November 2015. Ukraine produced 2.0 mt of crude steel, up by 3.1% compared to the same month in 2015.
The United States produced 6.2 mt of crude steel in November 2016, an increase of 6.8% compared to November 2015.
Brazil’s crude steel production for November 2016 was 2.4 mt, down by 4.8% on November 2015.
The crude steel capacity utilisation ratio of the 66 countries in November 2016 was 69.6%. It was 67.1% in November 2015. The November 2016 capacity utilisation ratio is 0.1 percentage point lower than the October 2016 ratio.
| Rank | Nation | Output |
| 1 | China | 66,290 |
| 2 | Japan | 8,618 |
| 3 | India | 8,010 |
| 4 | United States | 6,226 |
| 5 | Russia | 5,975 |
| 6 | South Korea | 5,770 |
| 7 | Germany | 3,335 |
| 8 | Turkey | 2,912 |
| 9 | Brazil | 2,426 |
| 10 | Italy | 2,076 |
Also, the table given lists world’s top ten nations with regards to cumulative crude steel output during Jan-Nov ‘16.
| Rank | Nation | Output |
| 1 | China | 738,940 |
| 2 | Japan | 96,059 |
| 3 | India | 87,531 |
| 4 | United States | 72,041 |
| 5 | Russia | 64,623 |
| 6 | South Korea | 62,779 |
| 7 | Germany | 38,852 |
| 8 | Turkey | 30,325 |
| 9 | Brazil | 28,064 |
| 10 | Ukraine | 22,211 |
Note: The above outputs are in thousand tonnes.
Source – BS
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