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World Steel Association Reports July 2015 Crude Steel Production

21 Aug, 2015


World crude steel production for the 65 countries reporting to the World Steel Association (worldsteel) was 133 million tonnes (Mt) in July 2015, a -3.8% decrease compared to July 2014.

China’s crude steel production for July 2015 was 65.8 Mt, down by -4.6% compared to July 2014. Japan produced 8.8 Mt of crude steel in July 2015, a decrease of -4.9% compared to July 2014. India’s production was 7.7 Mt, up by 1.2% on July 2014.

In the EU, Germany produced 3.6 Mt of crude steel in July 2015, an increase of 4.7% compared to July 2014.

Turkey’s crude steel production for July 2015 was 2.5 Mt, down by -10.4% on July 2014.

In July 2015, Russia produced 6.0 Mt of crude steel, down by -2.8% over July 2014. Ukraine produced 1.9 Mt of crude steel, a decrease of -24.1% compared to the same month in 2014.

The US produced 7.0 Mt of crude steel in July 2015, down by -9.1% compared to July 2014.

Brazil’s crude steel production for July 2015 was 2.9 Mt, a decrease of -3.1% on July 2014.

In the Middle East, Iran produced 1.3 Mt of crude steel in July 2015, down by -1.3% compared to the same month last year.

The crude steel capacity utilisation ratio for the 65 countries in July 2015 was 68.4%. This is -4.2 percentage points lower than July 2014. Compared to June 2015, it is -3.8 percentage points lower.

About World Steel Association (worldsteel)

·         The World Steel Association (worldsteel) is one of the largest and most dynamic industry associations in the world. worldsteel represents approximately 170 steel producers (including 9 of the world's 10 largest steel companies), national and regional steel industry associations, and steel research institutes. worldsteel members represent around 85% of world steel production.

·         The monthly crude steel capacity utilisation ratio is calculated based on crude steel production and capacity information available at worldsteel. The capacity information is based on publicly-available data, updated twice a year and verified through worldsteel’s membership.

·         Megatonne (Mt) is a metric unit equivalent to 1 million tonnes.

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