NEW YORK Global crude
steel output rose 1.3 percent in October compared with the same
month in 2011, riding a large uptick in Chinese production even
as European Union and U.S. steel production foundered.
The 62 countries reporting
output to the World Steel Association (WorldSteel) produced
126.1 million tonnes of steel in October compared with 124.6
million tonnes in the same month last year.
China showed the greatest growth
in steel production, with October output rising 6 percent year
on year to 59.1 million tonnes. India followed close behind,
increasing its production 5.7 percent year over year to 6.5
million tonnes. In contrast, steel output in Japan declined 6.7
percent year on year to 8.8 million tonnes in October.
North American steel production
fell 1.4 percent in October, with U.S. production declined 3.3
percent to 6.9 million tonnes from 7.2 million tonnes in
However, the sharpest regional
declines were in the European Union, where output fell to 14.2
million tonnes in October, a 6.2-percent decline from the
previous year. That decline was due to sharp declines in Spain
and Italy, which fell 15.6 percent and 10.4 percent,
respectively. Germany, the largest steel producer in the
European Union, saw production inch up 0.3 percent to nearly
3.7 million tonnes.
Brazilian steel production rose
to 3.2 million tonnes in October, a 7.7-percent increase from
the same month last year. That helped carry growth in South
America, which recorded a 4.7-percent production gain to nearly
4.2 million tonnes.
Global steel output for the
first 10 months of the year totaled 1.28 billion tonnes, up 0.7
percent from 1.27 billion tonnes in the year-ago period.