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October 2006 Crude Steel Production

21 Nov 2006

Brussels, 21 November 2006 – World crude steel production for the 62 countries reporting to the International Iron and Steel Institute was 105.9 million metric tons (mmt) in October. This is 7.4% higher than for the same month of 2005.

China produced 37.7 mmt of crude steel in October, 18.0% higher than for the same month last year. Indian production reached 3.7 mmt, an increase of 2.6% year-on-year (y-o-y). Production in South Korea declined by 5.9% y-o-y to 4.0 mmt in October. Japan’s production, at 10.1 mmt, was 4.5% higher than a year earlier.

Production in the EU was 17.4 mmt in October. This is 3.5% higher than for the same month last year. Crude steel production in Belgium was 1.0 mmt, an increase of 13.6% compared to the same month last year. This is the first time Belgium has achieved production of 1.0 mmt in a single month. Other major producers in the region include Germany (4.2 mmt, +4.1%) Italy (3.0 mmt, +5.9%), France (1.6 mmt, -7.0%), and the United Kingdom (1.2 mmt, +5.7%).

Crude steel production in North America is estimated at 10.7 mmt in October. This is 1.5% lower than the same month last year. Total production in the United States was estimated at 7.8 mmt in October, 4.7% lower than October 2005.

IISI estimates South American crude steel production is 4.0 mmt in October, an increase of 6.1% y-o-y.

2006_10 Media Release.pdf
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