January 2017 crude steel production

21 February 2017 Brussels, Belgium

World crude steel production for the 67 countries reporting to the World Steel Association (worldsteel) was 136.5 million tonnes (Mt) in January 2017, a 7.0% increase compared to January 2016.

China’s* crude steel production for January 2017 was 67.2 Mt, an increase of 7.4% compared to January 2016, an apparently high percentage figure explained by the fact that January 2016 saw a marked dip in Chinese steel production. Japan produced 9 Mt of crude steel in January 2017, an increase of 2.7% compared to January 2016.

In the EU, Germany produced 3.6 Mt of crude steel in January 2017, an increase of 1.2% compared to January 2016. Italy produced 1.8 Mt of crude steel, up by 0.3% on January 2016. Spain produced 1.2 Mt of crude steel, down by -4.2% compared to January 2016.

Turkey’s crude steel production for January 2017 was 2.9 Mt, up by 12.8% on January 2016.

In January 2017, Russia produced 6.2 Mt of crude steel, up by 11.6% over January 2016. Ukraine produced 2.1 Mt of crude steel, up by 8.5% compared to the same month in 2016.

The US produced 6.9 Mt of crude steel in January 2017, an increase of 6.5% compared to January 2016.

Brazil’s crude steel production for January 2017 was 2.9 Mt, up by 14.4% on January 2016.

The crude steel capacity utilisation ratio of the 67 countries in January 2017 was 68.5%. This is 3.4 percentage points higher than in January 2016. Compared to December 2016, it is 0.9 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 160 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 a worldsteel estimate based on December 2016 production.
  • Vietnam is now reporting to worldsteel, bringing the number of reporting countries to 67.
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