World crude steel production for the 64 countries reporting to the World Steel Association (worldsteel) was 131.8 million tonnes (Mt) in February 2018, a 3.5% increase compared to February 2017.
China’s* crude steel production for February 2018 was 64.9 Mt, an increase of 5.9% compared to February 2017. India produced 8.4 Mt of crude steel in February 2018, up 3.4% on February 2017. Japan produced 8.3 Mt of crude steel in February 2018, down 0.5% on February 2017. South Korea’s crude steel production for February 2018 was 5.4 Mt, down 2.1% on February 2017.
In the EU, Italy’s crude steel production for February 2018 was 2.1 Mt, up by 4.5% on February 2017. France produced 1.3 Mt of crude steel in February 2018, an increase of 1.0%% compared to February 2017. Spain produced 1.1 Mt of crude steel in February 2018, an increase of 0.4% on February 2017.
Turkey’s crude steel production for February 2018 was 3.0 Mt, up by 8.7% on February 2017.
The US produced 6.4 Mt of crude steel in February 2018, a 0.4% increase on February 2017.
Brazil’s crude steel production for February 2018 was 2.7 Mt, up by 5.5% on February 2017.
The crude steel capacity utilisation ratio of the 64 countries in February 2018 was 73.3%. This is 1.8 percentage points higher than February 2017. Compared to January 2018, it is 0.5 percentage points higher.
*China’s February production figure is a China Iron and Steel Association (CISA) estimate.
Source: Worldsteel