Crude steel production in UK fell to 9.5Mt in 2011 of which 6.9Mt was via the BOS route and 2.5Mt by the EAF.
Output fell 2% compared with 2010 and was down 5.9% compared with the poor year of 2009 due to the idling of the Teesside plant in 2010.
Apparent demand for steel also slowed in the first three quarters 2011 from 2.6Mt in Q1 to 2.4Mt in Q3. Imports averaged 54% of demand during these three quarters.
UK mills home deliveries fell 0.7% in 2011 despite direct deliveries to customers being up 2.5%, but deliveries to stockholders fell 3.7%.
Imports increased 9.9% and exports fell 3.1% compared with 2010 largely due to a 20% fall in the export of semis offset by a 1% rise in the export of finished products.
The 2011 Annual Review of UK’s steel industry is now available from UK Steel as a download at
http://www.eef.org.uk/NR/rdonlyres/8ADC4CFB-BF8E-4A0B-9B14-550BADA6CD46/20613/UKSteelAnnualReview2011.pdf
or hard copy on application [email protected]