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www.ireng.org


Company News Image courtesy of worldsteel


World crude steel production for the 64 countries reporting to the World Steel Association (worldsteel) was 151.4 million tonnes (Mt) in June 2018, a 5.8% increase compared to June 2017.


World crude steel production was 881.5 Mt in the first six months of 2018, up by 4.6% compared to the same period in 2017. Asia produced 613.9 Mt of crude steel, an increase of 5.2% over the first half of 2017. The EU produced 87.3 Mt of crude steel in the first half of 2018, up by 1.6% compared to the same period of 2017. North America’s crude steel production in the first six months of 2018 was 59.0 Mt, an increase of 2.4% compared to the first half of 2017. The C.I.S. produced 50.5 Mt of crude steel in the first six months of 2018, an increase of 2.8% over the same months of 2017.


China’s crude steel production for June 2018 was 80.2 Mt, an increase of 7.5% compared to June 2017. Japan produced 8.8 Mt of crude steel in June 2018, up 4.2% on June 2017. India produced 8.7 Mt of crude steel in June 2018, an increase of 7.4% compared to June 2017. South Korea’s crude steel production was 6.1 Mt in June 2018, an increase of 3.2% on June 2017.


In the EU, Italy produced 2.1 Mt of crude steel, up by 1.5% on June 2017. France produced 1.3 Mt of crude steel, a decrease of 4.4% compared to June 2017.


Turkey’s crude steel production for June 2018 was 3.0 Mt, up by 0.7% on June 2017.


Crude steel production in Ukraine was 1.7 Mt this month, up 7.5% on June 2017.


The US produced 6.8 Mt of crude steel in June 2018, an increase of 0.8% compared to June 2017.


0 The crude steel capacity utilisation ratio of the


64 countries in June 2018 was 78.5%. This is 3.8 percentage points higher than June 2017. Compared to May 2018, it is 1.0 percentage point higher.


July 2018 Issue World ROW ENGINEER THE REFRACTORIES China World (%) ROW (%) China (%) worldsteel.org 13 0


JUNE 2018 CRUDE STEEL PRODUCTION World steel capacity utilisation


100 90 % capacity utilisation 80 70.3 71.5 72.3 70 74.5 73.5 74.7 72.9 72.7 73.9 72.8 70.9 72.7 73.5 74.4 69.4 76.9 77.5 78.5


60


50 worldsteel.org Crude steel production 200 12


150


9


100


6


50


3


Growth (% y-on-y)


Production (Mt)


Percentage


Jan-17 Feb-17 Mar-17 Apr-17 May-17 Jun-17 Jul-17 Aug-17 Sep-17 Oct-17 Nov-17 Dec-17 Jan-18 Feb-18 Mar-18 Apr-18 May-18 Jun-18


Jan-17 Feb-17 Mar-17 Apr-17 May-17 Jun-17 Jul-17 Aug-17 Sep-17 Oct-17 Nov-17 Dec-17 Jan-18 Feb-18 Mar-18 Apr-18 May-18 Jun-18


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