March 2018 crude steel production

25 April 2018 Brussels, Belgium

World crude steel production for the 64 countries reporting to the World Steel Association (worldsteel) was 148.3 million tonnes (Mt) in March 2018, a 4.0% increase compared to March 2017.

World crude steel production was 426.6 Mt in the first three months of 2018, up by 4.1% compared to the same period in 2017. Asia produced 294.1 Mt of crude steel, an increase of 4.6% over the first quarter of 2017. The EU produced 43.1 Mt of crude steel in the first quarter of 2018, up by 0.9% compared to the same quarter of 2017. North America’s crude steel production in the first three months of 2018 was 29.5 Mt, an increase of 1.9% compared to the first quarter of 2017.

China’s crude steel production for March 2018 was 74.0 Mt, an increase of 4.5% compared to March 2017. India produced 9.2 Mt of crude steel in March 2018, up 5.3% on March 2017. Japan produced 9.1 Mt of crude steel in March 2018, an increase of 2.2% compared to March 2017. South Korea’s crude steel production was 6.1 Mt in March 2018, an increase of 4.7% on March 2017.

In the EU, Italy produced 2.3 Mt of crude steel, up by 1.0% on March 2017. France produced 1.4 Mt of crude steel, up by 1.5% compared to March 2017. Spain produced 1.3 Mt of crude steel, down by 4.1% on March 2017.

Turkey’s crude steel production for March 2018 was 3.4 Mt, up by 7.6% on March 2017.

The US produced 7.3 Mt of crude steel in March 2018, an increase of 5.3% compared to March 2017.

Brazil’s crude steel production for March 2018 was 3.1 Mt, up by 7.6% on March 2017.

The crude steel capacity utilisation ratio of the 64 countries in March 2018 was 74.5%. This is 2.2 percentage points higher than March 2017. Compared to February 2018, it is 0.9 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.
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