May 2014 crude steel production

20 June 2014 Brussels

World crude steel production for the 65 countries reporting to the World Steel Association (worldsteel) was 141 million tonnes (Mt) in May 2014, an increase of 2.2% compared to May 2013.

China’s crude steel production for May 2014 was 70.4 Mt, up by 2.6% compared to May 2013. Elsewhere in Asia, Japan produced 9.6 Mt of crude steel in May 2014, a decrease of -0.3% over May 2013. South Korea’s crude steel production was 6.2 Mt in May 2014, up by 11.4% on May 2013.

 In the EU, Germany produced 3.9 Mt of crude steel in May 2014, an increase of 7.3% compared to May 2013. Italy produced 2.3 Mt of crude steel, down by -0.8% compared to May 2013. France’s crude steel production was 1.4 Mt, a decrease of -4.0% on May 2013. Spain produced 1.3 Mt of crude steel, down by -2.9% compared to May 2013.

Turkey’s crude steel production for May 2014 was 3.0 Mt, down by -0.7% on May 2013.

In May 2014, Russia produced 6.1 Mt of crude steel, an increase of 0.6% compared to the same month 2013. Ukraine’s production was 2.8 Mt in May 2014, up by 2.2% on May 2013.

The US produced 7.5 Mt of crude steel in May 2014, an increase of 1.4% compared to May 2013.

Brazil’s crude steel production for May 2014 was 2.9 Mt, down by -4.3% on May 2013.

The crude steel capacity utilisation ratio for the 65 countries in May 2014 was 78.5% and it is 0.7 percentage points lower than May 2013. Compared to April 2014, it is 0.2 percentage points lower.

# 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 9 of the world's 10 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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