BRUSSELS (Indonesia Today) – World crude steel production for the 62 countries reporting to the World Steel Association (worldsteel) was 124 million tons (Mt) in August 2012, a decrease of -1.0% compared to August 2011.
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China???s crude steel production for August 2012 was 58.7 Mt, down by -1.7% compared to August 2011.
Elsewhere in Asia, Japan produced 9.2 Mt of crude steel in August 2012, an increase of 3.3% compared to the same month last year. South Korea???s crude steel production for August 2012 was 5.7 Mt, up by 2.8% compared to August 2011.
In the EU, Germany produced 3.4 Mt of crude steel in August 2012, a decrease of -7.1% on August 2011. Italy???s crude steel production for August 2012 was 1.2 Mt, down by -15.5% compared to August 2011. In August 2012, Spain produced 1.0 Mt of crude steel, -10.3% lower than August 2011. France???s crude steel production for August 2012 was 1.0 Mt, a decrease of -7.2% on August 2011.
Turkey???s crude steel production for August 2012 was 3.0 Mt, an increase of 8.7% compared to August 2011.
In August 2012, Russia produced 5.8 Mt of crude steel, an increase of 1.8% compared to the same month last year. Ukraine???s crude steel production for August 2012 was 2.7 Mt, -13.5% less than August 2011.
The US produced 7.5 Mt of crude steel in August 2012, up by 1.2% on August 2011.
Brazil???s crude steel production for August 2012 was 2.8 Mt, down by -6.2% compared to August 2011.
The crude steel capacity utilisation ratio for the 62 countries in August 2012 declined to 75.5% from 79.4% in July 2012. Compared to August 2011, it is 3.2 percentage points lower. (Indonesia Today)