World crude steel production up 2%, says worldsteel

World crude steel production for the 67 countries reporting to the World Steel Association (worldsteel) was 143.3Mt in May 2017, a 2% increase compared to May 2016.

 China’s crude steel production for May 2017 was 72.3Mt, an increase of 1.8% compared to the previous year, while Japan produced 9Mt of crude steel up just 0.1% compared to last year.

In the European Union, Germany produced 3.8Mt of crude steel in May 2017, down 1.4% against May 2016 figures, while the Italians produced 2.1Mt, down 4.1%. France produced 1.4Mt of crude steel, up by 21.5% and Spain produced 1.2Mt of crude steel, down by 3.7% on May 2016.
 
Turkey’s crude steel production for May 2017 was up by 9.7% at 3.3Mt and in the USA crude production reached 7Mt, an increase of just 0.2%.
 
In South America, Brazil’s crude steel production figure for May 2017 was 2.9Mt, up 13.2% on May 2016.
 
The crude steel capacity utilisation ratio of the 67 countries in May 2017 was 71.8%. This is 0.5 percentage points higher than May 2016. Compared to April 2017, it is 1.8 percentage points lower.