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China helps lift world steel output 2.6%

Keywords: Tags  crude steel production, World Steel Association, WorldSteel, steel output, steel

NEW YORK — Global crude steel production increased 2.6 percent to 136.3 million tonnes in May from 132.81 million tonnes a year earlier, with a 7.3-percent gain in Chinese output more than offsetting declines in North America and Europe.

China’s production totaled 67.03 million tonnes, up from 62.5 million tonnes in May last year, according to the latest data from the World Steel Association (WorldSteel). This pushed total Asian production to nearly 91 million tonnes, up 5.7 percent from 86.1 million tonnes a year earlier. South Korea was the only country in the region to register a decline, with output falling 7.1 percent to 5.53 million tonnes from 5.95 million tonnes.

North American output fell 5 percent to 10.23 million tonnes in May from 10.77 million tonnes a year earlier, driven by a 4.9-percent drop in U.S. output to 7.52 million tonnes from 7.91 million tonnes. Mexican production also fell, sliding 4.2 percent to 1.46 million tonnes from 1.52 million tonnes, and Canadian output declined 5.9 percent to 1.14 million tonnes from 1.21 million tonnes.

European Union output fell 4.7 percent to 14.71 million tonnes from 15.44 million tonnes, led by Germany (down 1.5 percent to 3.65 million tonnes from 3.71 million tonnes) and Italy (down 11.1 percent to 2.32 million tonnes from 2.61 million tonnes).

Declines of 1.7 percent were registered by both the Commonwealth of Independent States (to 9.45 million tonnes from 9.62 million tonnes) and the rest of Europe (to 3.23 million tonnes from 3.28 million tonnes), but output inched up 2.1 percent in South America (to 4.03 million tonnes from 3.94 million tonnes), 0.6 percent in Africa/Middle East (to 3.2 million tonnes from 3.18 million tonnes) and 1.6 percent in Oceania (to 485,000 tonnes from 477,000 tonnes).

Global crude steel production totaled slightly more than 658 million tonnes in the first five months of this year, up 2.1 percent from 644.78 million tonnes in the same period last year, the WorldSteel data show, with Chinese output jumping 8 percent to 325.25 million tonnes from 301.19 million tonnes. North American output fell 6.2 percent to 49.66 million tonnes from 52.95 million tonnes in the same comparison

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