January 2014 crude steel production

20 February 2014 Brussels

World crude steel production for the 65 countries reporting to the World Steel Association (worldsteel) was 130 million tonnes (Mt) in January 2014, a decrease of -0.4% compared to January 2013.

China’s crude steel production for January 2014 was 61.6 Mt, down by -3.2% compared to January 2013. Elsewhere in Asia, Japan produced 9.4 Mt of crude steel in January 2014, an increase of 6.1% over January 2013. South Korea’s crude steel production was 6.0 Mt in January 2014, up by 1.9% on January 2013.

In the EU, Germany produced 3.7 Mt of crude steel in January 2014, an increase of 2.2% compared to January 2013. Italy produced 2.2 Mt of crude steel, up by 27.8% compared to January 2013. Spain’s crude steel production was 1.1 Mt, an increase of 11.1% on January 2013. The UK produced 1.1 Mt of crude steel, up by 31.5% compared to January 2013.

Turkey’s crude steel production for January 2014 was 2.8 Mt, down by -0.9% on January 2013.

In January 2014, Russia produced 5.9 Mt of crude steel, an increase of 4.1% compared to the same month 2013. Ukraine’s production was 2.5 Mt in January 2014, down by -13.5% on January 2013.

The US produced 7.3 Mt of crude steel in January 2014, down by -0.5% on January 2013.

Brazil’s crude steel production for January 2014 was 2.7 Mt, a decrease of -1.4% compared to January 2013.

The crude steel capacity utilisation ratio for the 65 countries in January 2014 was 74.4% and it is 2.5 percentage points lower compared to January 2013. It is 0.2 percentage points higher than December 2013.


 

# Ends #

Notes to Editors:

  • 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.
  • 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 17 of the world's 20 largest steel companies), national and regional steel industry associations, and steel research institutes. worldsteel members represent around 85% of world steel production.
  • Megatonne (Mt) is a metric unit equivalent to 1 million tonnes.
     

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