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Global steel production continues to fall

Posted on 25 Aug 2015 and read 1878 times
Global steel production continues to fallSteel makers produced 136 million tonnes of raw steel in June — 2.6% less than in May and 2.4% less than in June 2014.

This is the fourth monthly fall during the first six months of this year, according to the World Steel Association (www.worldsteel.org).

During the half-year, the global steel industry produced 813.0 million tonnes, which is 2.0% less than last year.

China’s raw steel production in June was 68.9 million tonnes, down 1.4% from the May and down 0.8% from the previous June. During the first six months of 2015, China’s steel output totalled 409.97 million tonnes, just 0.71% less than the first six months of last year.

Japan’s steel makers produced 8.6 million tonnes of raw steel in June, 3.9% less than in May and 6.2% less than in June 2014. Japan’s year-to-date output is 4.71% less than last year.

Germany, the largest steel maker in the European Union, produced 3.8 million tonnes of raw steel in June, increasing its output by 1.6% from May and 5.8% from the previous June.

Despite the improvements, Germany’s year-to-date steel output is down 1.49% on the same period of last year.