BRUSSELS - World
crude steel production for the 66 countries reporting
to the International Iron and Steel Institute (IISI)
was 118.8 million metric tons (mmt) in June. This is
5.9% higher than the same month last year.
Total world crude steel production was 696 mmt in
the first half of 2008, a 5.7% increase over the same
period in 2007.
In the first six months of 2008, China produced 263.2
mmt of crude steel, an increase of 9.6% compared to
the same period in 2007. In June 2008, China’s
moving annual total (MAT) growth rate slowed further
to 10.2%, compared to its MAT growth rate peak of 26.3%
in January 2006. China’s crude steel production
for June 2008 was 46.9 mmt, an increase of 10.2% on
June 2007.
Overall, Asia produced 68.3 mmt of crude steel in
June 2008 compared to 62.8 mmt in June 2007, an 8.7%
increase in crude steel production.
Total crude steel production in the EU was 18.1 mmt,
1.8% higher than for June 2007. The largest producer
in the EU is Germany, with 4.1 mmt of crude steel, an
increase of 2.1% compared to the same month last year.
The ‘Other Europe’ region of seven countries
outside the EU produced 2.9 mmt in June 2008, an increase
of 15.5% from June 2007. Turkey’s crude steel
production was 2.5 mmt, which was 17.5% higher than
the same month last year. Turkey produced 10.6% more
crude steel in the first six months of 2008 than over
the same period last year.
Source: International Iron and Steel Institute, July
18, 2008 |
