Crude steel production keeps on increasing

World crude steel production for the 66 countries reporting to the World Steel Association (worldsteel) was 145.3 million tonnes (Mt) in October 2017, a 5.9% increase compared to October 2016.
Crude steel

China’s crude steel production for October 2017 was 72.4 Mt, an increase of 6.1% compared to October 2016. Japan produced 9.0 Mt of crude steel in October 2017, a decrease of -1.0% compared to October 2016. India produced 8.6 Mt of crude steel in October 2017, an increase of 5.3% compared to October 2016.

In the EU, Italy’s crude steel production for October 2017 was 2.3 Mt, up by 6.1% on October 2016. France produced 1.4 Mt of crude steel in October 2017, an increase of 1.6% compared to October 2016. Spain produced 1.3 Mt in October 2017, an increase of 11.9% on October 2016.

Turkey’s crude steel production for October 2017 was 3.3 Mt, up by 11.1% on October 2016.

The US produced 7.0 Mt of crude steel in October 2017, an increase of 12.0% compared to October 2016.

Brazil’s crude steel production for October 2017 was 3.0 Mt, up by 3.9% on October 2016.

The crude steel capacity utilisation ratio of the 66 countries in October 2017 was 73.0%. This is 3.0 percentage points higher than October 2016. Compared to September 2017, it is 0.6 percentage points lower.

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