STEEL FRAMING ALLIANCE | FRAMEWORK ONLINE
  August 4, 2010
MARKETPLACE
 
June 2010 Crude Steel Production

Brussels - World crude steel production for the 66 countries reporting to the World Steel Association (worldsteel) was 119 million metric tons (mmt) in June. This is 18% higher than June 2009.

World crude steel production in the first six months of 2010 was 706 mmt, 27.9% higher in comparison with the same period of 2009. All the regions showed increased crude steel production during the first half of 2010 compared to the first half of 2009.

Although production in the first half of 2010 increased by 7.2% compared to the same period of 2007, just before the global economic crisis, most of the world has not recovered to pre-crisis levels. Only Asia and the Middle East showed increased crude steel production compared to the first six months of 2007. Crude steel production in the EU, CIS, US and Canada is still more than 15% below 2007 levels.

China’s crude steel production for June 2010 was 53.8 mmt, an increase of 9% compared to June 2009.

Elsewhere in Asia, Japan produced 9.4 mmt of crude steel in June 2010, up 35.9% compared to the same month last year. South Korea’s crude steel production for June 2010 was 4.8 mmt, 21.9% up compared to the same month last year.

Source: WorldSteel Association, July 20, 2010

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