March 2015 crude steel production

21 April 2015 Brussels, Belgium

 World crude steel production for the 65 countries reporting to the World Steel Association (worldsteel) was 138 million tonnes (Mt) in March 2015, a -2.7% decrease compared to March 2014.

In the first three months of 2015, Asia produced 272.0 Mt of crude steel, a decrease of -1.1% over the first quarter of 2014. The EU produced 43.7 Mt of crude steel in the first quarter of 2015, slightly down by -0.6% compared to the same quarter of 2014. North America’s crude steel production in the first three months of 2015 was 28.1 Mt, a decrease of -6.4% compared to the first quarter of 2014. The C.I.S. produced 24.8 Mt of crude steel in the first three months of 2015, a decrease of -5.9% over the same months of 2014.

China’s crude steel production for March 2015 was 69.5 Mt, a -1.2% decrease compared to March 2014. Japan produced 9.3 Mt of crude steel in March 2015, a decrease of -4.5% compared to March 2014.

In the EU, Germany produced 3.9 Mt of crude steel in March 2015, a decrease of -4.4% compared to March 2014. Italy produced 2.1 Mt of crude steel, down by -9.8% on March 2014. France’s crude steel production was 1.4 Mt, an increase of 3.0% compared to March 2014.

Turkey’s crude steel production for March 2015 was 2.8 Mt, down by -4.1% on March 2014.

The US produced 6.6 Mt of crude steel in March 2015, a decrease of -12.7% compared to March 2014.

Brazil’s crude steel production for March 2015 was 2.8 Mt, down by -7.4% on March 2014.

The crude steel capacity utilisation ratio for the 65 countries in March 2015 was 71.6%. It is -4 percentage points lower than March 2014. Compared to February 2015, it is -1.8 percentage points lower.


 

 # Ends #

Notes to Editors:

  • 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.
  • 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.
  • Megatonne (Mt) is a metric unit equivalent to 1 million tonnes.

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Nicholas Walters
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Soo Jung Kim
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