World crude steel production for the month of October 2016 was up by 3.3% when compared to October 2015, according to figures released by the World Steel Association (worldsteel).
In total, 136.5Mt of crude steel was produced by the 65 countries that report to worldsteel, of which 68.5Mt was produced by China (up 4%). Japan produced 9Mt, an increase of 0.6%. In India, crude steel production reached 8.3Mt, up 11%.
EU steel production in October was down by 3.7% to 3.5Mt. Italy produced 2.1Mt, up 11%, while in Spain the figure was 1.2Mt, down 10.5% year-on-year.
In Turkey, crude steel production was up 8.6% to 3Mt and up 11%.
Russia produced 5.9Mt of crude steel, up 2% when compared with October 2015 figures. In the Ukraine, the figure was 1.9Mt, down 6.1%.
The USA saw a decrease of 2.5% in its crude steel production (6.4Mt) while in Latin America, Brazil was down 8.8% to 2.7Mt.
The crude steel capacity utilisation ratio of the 65 countries reporting to worldsteel stood at 69.6% compared with 68.2% last year. The latest figure is 0.6 percentage points lower than the September 2016 ratio.
