March 2017 crude steel production up 4.5% says worldsteel

World crude steel production for the 67 countries reporting to the World Steel Association (worldsteel) was 145Mt in March 2017, a 4.6% increase compared to March 2016.

World crude steel production was 410.5Mt in the first three months of 2017, up 5.7% compared with the same period in 2016. Asia produced 280.6Mt, an increase of 5.4% when compared with the first quarter of 2016, and the European Union produced 42.5Mt, up 3.8%.

North America’s crude steel production during Q3 2017 was 29.3Mt, up 7.1%, while the C.I.S. produced 25.9Mt of crude steel an increase of 4%.

In March 2017 China’s crude steel production was 72Mt, an increase of 1.8%, and Japan's was 8.9 Mt, an increase of 1.8% when compared to March 2016.

In the EU, Germany produced 3.9 Mt of crude steel in March 2017, an increase of 1.9% over the same period last year while Italy produced 2.2 Mt, an increase of 9.5%. Spain produced 1.4 Mt of crude steel, up 15.7% on March 2016, and France produced 1.3 Mt, up by 18.1% compared to March 2016.

Turkey’s crude steel production for March 2017 was 3.1 Mt, up by 14%.  

The US produced 7Mt of crude steel in March 2017, an increase of 3.4% compared to March 2016.

In Brazil crude steel production for March 2017 was 2.9 Mt, up by 13.7%.

The crude steel capacity utilisation ratio of the 67 countries reporting to worldsteel in March 2017 was 72.7%. This is 2.2 percentage points higher than March 2016. Compared to February 2017, it is also 2.0 percentage points higher.