February 2018 crude steel production

26 March 2018 Brussels, Belgium

World crude steel production for the 64 countries reporting to the World Steel Association (worldsteel) was 131.8 million tonnes (Mt) in February 2018, a 3.5% increase compared to February 2017.

China’s* crude steel production for February 2018 was 64.9 Mt, an increase of 5.9% compared to February 2017. India produced 8.4 Mt of crude steel in February 2018, up 3.4% on February 2017. Japan produced 8.3 Mt of crude steel in February 2018, down 0.5% on February 2017. South Korea’s crude steel production for February 2018 was 5.4 Mt, down 2.1% on February 2017.

In the EU, Italy’s crude steel production for February 2018 was 2.1 Mt, up by 4.5% on February 2017. France produced 1.3 Mt of crude steel in February 2018, an increase of 1.0%% compared to February 2017. Spain produced 1.1 Mt of crude steel in February 2018, an increase of 0.4% on February 2017.

Turkey’s crude steel production for February 2018 was 3.0 Mt, up by 8.7% on February 2017.

The US produced 6.4 Mt of crude steel in February 2018, a 0.4% increase on February 2017.

Brazil’s crude steel production for February 2018 was 2.7 Mt, up by 5.5% on February 2017.

The crude steel capacity utilisation ratio of the 64 countries in February 2018 was 73.3%. This is 1.8 percentage points higher than February 2017. Compared to January 2018, it is 0.5 percentage points 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 February production figure is a China Iron and Steel Association (CISA) estimate.
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