January 2016 crude steel production

23 February 2016 Brussels, Belgium

World crude steel production for the 66 countries reporting to the World Steel Association (worldsteel) was 128 million tonnes (Mt) in January 2016, a -7.1% decrease compared to January 2015.

China’s* crude steel production for January 2016 was 63.2 Mt, a decrease of -7.8% compared to January 2015. Elsewhere in Asia, Japan produced 8.8 Mt of crude steel in January 2016, a decrease of -2.8% compared to January 2015. India’s crude steel production was 7.4 Mt, a decrease of -1.2% compared to January 2015. South Korea produced 5.7 Mt of crude steel in January 2016, down by -4.5% on January 2015.

In the EU, Germany produced 3.6 Mt of crude steel in January 2016, a decrease of -2.0% compared to January 2015. Italy produced 1.8 Mt of crude steel, down by –5.3% on January 2015. Spain produced 1.2 Mt of crude steel, down by -9.5% compared to January 2015.

Turkey’s crude steel production for January 2016 was 2.6 Mt, up by 0.8% on January 2015.

In January 2016, Russia produced 5.6 Mt of crude steel, down by -10.6% over January 2015. Ukraine produced 1.9 Mt of crude steel, up by 3.6% compared to the same month 2015.

The US produced 6.6Mt of crude steel in January 2016, a decrease of -8.8% compared to January 2015.

Brazil’s crude steel production for January 2016 was 2.5 Mt, down by -17.9% on January 2015.

The crude steel capacity utilisation ratio of the 66 countries in January 2016 was 66.0%. This is -5.8 percentage points lower than January 2015. Compared to December 2015, it is 0.8 percentage point higher.

# Ends #

Notes to Editors:

  • The World Steel Association (worldsteel) is one of the largest and most dynamic industry associations in the world. worldsteel members represent approximately 85% of the world's steel production, including over 150 steel producers with 9 of the 10 largest steel companies, national and regional steel industry associations, and steel research institutes.
  • The monthly crude steel capacity utilisation ratio is calculated based on crude steel production information available at worldsteel and OECD capacity estimates.
  • * China’s January production figure is an estimate provided by CISA.
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