World crude steel production in February was 108Mt, 24.2% higher than in February 2009.
Worldsteel reports China’s crude steel production for February 2010 was 50.4Mt, an increase of 22.5% on February 2009. Japan produced 8.4Mt of crude steel in February 2010, up 54% compared to the same month last year. South Korea showed an increase of 25% from February 2009, producing 3.9Mt of steel.
The US produced 6Mt, an increase of 51.3% compared to February 2009.
Germany’s crude steel production for February 2010 was 3.4Mt, an increase of 34.3% compared to February 2009. Italy produced 2.2Mt, 28.5% higher than the same month in 2009.
The world crude steel capacity utilisation ratio for the 66 countries in February 2010 was 79.8%, a 15-month high since September 2008. Compared to February 2009, the utilisation ratio in February 2010 increased by 12.0%.
To see the full report, visit www.worldsteel.org