Production of World Crude Steel Increases Nearly 6% in June 2018
The crude steel capacity utilization ratio of the 64 countries in June 2018 was 78.5%, which is 3.8 percentage points higher than June 2017.
World crude steel production for the 64 countries reporting to the World Steel Association was 151.4 Mt in June 2018, a 5.8% increase compared to June 2017. Specific production levels included:
- China—80.2 Mt, up 7.5% compared to June 2017
- France—1.3 Mt, down 4.4%
- India—8.7 Mt, up 7.4%
- Italy—2.1 Mt, up 1.5%
- Japan—8.8 Mt, up 4.2%
- South Korea—6.1 Mt, up 3.2%
- Turkey—3 Mt, up 0.7%
- Ukraine—1.7 Mt, up 7.5%
- U.S.—6.8 Mt, up 0.8%
The crude steel capacity utilization ratio of the 64 countries in June 2018 was 78.5%, which is 3.8 percentage points higher than June 2017. Compared to May 2018, it is 1 percentage point higher.
For the first half of 2018, world crude steel production was 881.5 Mt, an increase of 4.6% compared to the same period in 2017. Asia produced 613.9 Mt of crude steel, an increase of 5.2% over the first half of 2017, while the EU was fairly flat at 87.3 Mt (up by 1.6%). North America’s crude steel production in the 2018 first half was 59 Mt, an increase of 2.4% over the comparable period last year.
Additional information is available at www.worldsteel.org.