World crude steel production for February 2016 was 120Mt, down 3.3% compared with the same period in 2015, according to figures published by the World Steel Association (worldsteel) and based on figures submitted by the 66 countries reporting to the organisation.
China produced 58.5Mt of crude steel, down 4% on February 2015. Japan produced 8.4Mt, down 1%.
In Europe, Germany produced 3.4Mt of crude steel, down 4.3%; Italy produced 1.9Mt, down 2.1%. The French produced 1.3Mt, up 2.6% and Spain’s crude steel production for February was 1.1Mt, down 8.9% compared to last year.
The Russians produced 5.7Mt of crude steel, down 2.7% while the Ukraine produced 2Mt, up 24.1%.
In the USA, 6.4Mt of crude steel were produced in February, up 2.9% while the Brazilians managed 2.4Mt, down 8.7%.
The crude steel capacity utilisation ratio of the 66 countries in February was 66.2%, 5.7 percentage points lower than in February 2015 and 0.9 percentage points higher than the January 2016 figure.
