India Steel Market Watch
December 22: World crude steel production for the 66 countries reporting to the World Steel Association (worldsteel) was 127 million tons (mt) in November 2015, a 4.1% decrease compared to November 2014.
China’s crude steel production for November 2015 was 63.3 mt, down by 1.6% compared to November 2014. Japan produced 8.7 mt of crude steel in November 2015, a decrease of 4.7% compared to the same month in 2014.
In the EU, Germany produced 3.5 mt of crude steel in November 2015, a decrease of 3.1% compared to November 2014. Italy’s crude steel production was 1.9 mt, up by 0.4% on November 2014. Spain produced 1.2 mt of crude steel in November 2015, down by 2.9% compared to November 2014.
France’s production for November 2015 was 1.2 mt, a decrease of 14.7% compared to the same month in 2014.
Turkey’s crude steel production for November 2015 was 2.6 mt, down by 7.2% on November 2014.
In November 2015, Russia produced 5.7 mt of crude steel, down by 3.1% over November 2014. Ukraine produced 1.9 mt of crude steel, up by 3.1% compared to the same month in 2014.
The US produced 6.1 mt of crude steel in November 2015, down by 15.6% compared to November 2014.
Brazil’s crude steel production for November 2015 was 2.5 mt, a decrease of 4.4% on November 2014.
The crude steel capacity utilisation ratio for the 66 countries in November 2015 was 66.9%. This is 4 percentage points lower than November 2014. Compared to October 2015, it is 1.4 percentage point lower.