03/22/2016

worldsteel, Brussels

February 2016 crude steel production of the world decreases

World crude steel production for the 66 countries reporting to the World Steel Association (worldsteel) was 120 million t (Mt) in February 2016, a -3.3% decrease compared to February 2015. China’s crude steel production for February 2016 was 58.5 Mt, a decrease of -4.0% compared to February 2015. Elsewhere in Asia, Japan produced 8.4 Mt of crude steel in February 2016, a decrease of -1.0% compared to February 2015.


In the EU, Germany produced 3.4 Mt of crude steel in February 2016, a decrease of -4.3% compared to February 2015. Italy produced 1.9 Mt of crude steel, down by –2.1% on February 2015. France’s crude steel production for February 2016 was 1.3 Mt, up by 2.6% compared to the same month in 2015. Spain produced 1.1 Mt of crude steel, down by -8.9% compared to February 2015.


Turkey’s crude steel production for February 2016 was 2.4 Mt, up by 4.0% on February 2015. In February 2016, Russia produced 5.7 Mt of crude steel, down by -2.7% over February 2015. Ukraine produced 2.0 Mt of crude steel, up by 24.1% compared to the same month in 2015.


The US produced 6.4 Mt of crude steel in February 2016, an increase of 2.9% compared to February 2015.


Brazil’s crude steel production for February 2016 was 2.4 Mt, down by -8.7% on February 2015.


The crude steel capacity utilisation ratio of the 66 countries in February 2016 was 66.2%. This is -5.7 percentage points lower than February 2015. Compared to January 2016, it is 0.9 percentage points higher.


worldsteel, Brussels