Tracking Global Crude Steel Production
Understanding trends in crude steel production can help refractories manufacturers evaluate current processes and future plans.
Steel is without question the largest end-use market for refractories around the world. Understanding trends in crude steel production can help refractories manufacturers evaluate their current processes and plans for the future.
According to the World Steel Association (worldsteel), worldwide crude steel production figures topped 1,691 Mt for 2017, an increase of 5.3% compared to 2016. Crude steel production increased in all regions in 2017, except the Commonwealth of Independent States (CIS; includes Azerbaijan, Armenia, Belarus, Georgia, Kazakhstan, Kyrgyzstan, Moldova, Russia, Tajikistan, Turkmenistan, Uzbekistan and Ukraine), which has remained stable (subject to current estimates). Table 1 includes production details for the leading 10 crude steel-producing countries in 2017.
For the month of December 2017, world crude steel production for the 66 countries reporting to worldsteel was 138.1 Mt, an increase of 3.9% compared to December 2016. The crude steel capacity utilization ratio of the 66 countries in December was 69.5%, which was 1.8 percentage points higher than December 2016.
Annual Production by Region
Crude steel production in Asia was almost 1,163 Mt in 2017, an increase of 5.4% compared to 2016. China’s crude steel production in 2017 reached 831.7 Mt, up by 5.7% from the prior year. China’s share of world crude steel production was essentially flat in 2017 at 49.2% (49.0% in 2016).
Japan produced 104.7 Mt in 2017 (6.2% share of production), down by 0.1% compared to 2016, while India’s crude steel production for 2017 was 101.4 Mt (6% share), an increase of 6.2%. South Korea’s crude steel production increased 3.7% in 2017, to 71.1 Mt (4.2% share).
In 2017, the 28 countries in the European Union produced 168.7 Mt of crude steel, an increase of 4.1% compared to 2016 and representing a 10% share of global production. In 2017, Italy produced 24 Mt of crude steel, an increase of 2.9% compared to 2016, while Spain saw 6.2% increased production to 14.5 Mt.
North America’s crude steel production in 2017 was 116.0 Mt, 4.8% higher than in 2016. The U.S. produced 81.6 Mt of crude steel (4.8% production share), an increase of 4% from 2016.
Based on available data, worldsteel’s estimation of 2017 crude steel production in the CIS was 102.1 Mt, the same as in 2016. Russia* produced 71.3 Mt of crude steel in 2017, up by 1.3% compared to 2016, while Ukraine* recorded a decrease of 6.4% with a year-end figure of 22.7 Mt.
Annual crude steel production for South America was 43.7 Mt in 2017, an increase of 8.7% from the prior year. Brazil produced 34.4 Mt in 2017 (2% production share), up by 9.9% compared to 2016.
For additional details, visit www.worldsteel.org.