(Minews) - World crude steel production for the 65 countries reporting to the World Steel Association (worldsteel) was 130 million tonnes (Mt) in January 2014, a decrease of -0.4% compared to January 2013.
China’s crude steel production for January 2014 was 61.6 Mt, down by -3.2% compared to January 2013. Elsewhere in Asia, Japan produced 9.4 Mt of crude steel in January 2014, an increase of 6.1% over January 2013. South Korea’s crude steel production was 6.0 Mt in January 2014, up by 1.9% on January 2013.
In the EU, Germany produced 3.7 Mt of crude steel in January 2014, an increase of 2.2% compared to January 2013. Italy produced 2.2 Mt of crude steel, up by 27.8% compared to January 2013. Spain’s crude steel production was 1.1 Mt, an increase of 11.1% on January 2013.
The UK produced 1.1 Mt of crude steel, up by 31.5% compared to January 2013.
Turkey’s crude steel production for January 2014 was 2.8 Mt, down by -0.9% on January 2013.
In January 2014, Russia produced 5.9 Mt of crude steel, an increase of 4.1% compared to the same month 2013. Ukraine’s production was 2.5 Mt in January 2014, down by -13.5% on January 2013.
The US produced 7.3 Mt of crude steel in January 2014, down by -0.5% on January 2013.
Brazil’s crude steel production for January 2014 was 2.7 Mt, a decrease of -1.4% compared to January 2013.
The crude steel capacity utilisation ratio for the 65 countries in January 2014 was 74.4% and it is 2.5 percentage points lower compared to January 2013. It is 0.2 percentage points higher than December 2013.
