World crude steel production for August 2014 was 135Mt, an increase of 1.4% when compared with the same period last year, according to figures supplied by 65 countries reporting to the World Steel Association.
China’s crude steel production for the period was 68.9Mt, up by 1% compared to August 2013. Japan produced 9.3Mt of crude steel in August 2014, an increase of 2.2% compared to the previous year. India produced 7Mt, an increase of 5.2% and South Korea’s figure of 5.3Mt was up by 8% on last year’s figure.
In the EU, Germany produced 3.1Mt of crude steel in August 2014, down by 1% compared to August 2013. Spain produced 1.1Mt, down 0.4% compared to the previous year and France’s crude steel production was 1.1Mt, down 9.1% on August 2013. Italy produced 1Mt of crude steel, down by 0.8% on last year.
In Turkey, crude steel production for August 2014 was up by 13.9% to 2.9Mt while in Russia 6.2 Mt of crude steel was produced, up by 5.8% over August 2013. Ukraine produced 1.8Mt, a decrease of 37% compared to the same month last year.
The USA produced 7.7Mt of crude steel in August 2014, an increase of 2.9% compared to August 2013.
Brazil’s crude steel production for August 2014 was 2.9Mt, down by 1.4% on August 2013.
The crude steel capacity utilisation ratio for the 65 countries in August 2014 was 74.2%. It is 1.4 percentage points lower than August 2013. Compared to July 2014, it is 1.2 percentage points lower.