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World crude steel production for the 62 countries reporting to the International Iron and Steel Institute was 101.6 million metric tons (mmt) in August. This is 11.0% higher than for the same month of 2005. The figures suggest that China currently accounts for 36% of world crude steel production compared to 34% for the same period last year. Excluding China, world production rose 7.9% compared to August 2005.
China produced 36.7 mmt of crude steel in August, an increase of 17.0% compared to August 2005. Japan produced 9.6 mmt in August, up 4.1% year-on-year (y-o-y). South Korea produced 4.0 mmt of crude steel, an increase of 5.7% y-o-y.
Germany was again the largest producer of crude steel in the European Union with total production of 3.9 mmt in August. This is 16.7% higher than for the same month of 2005. August production in Italy was 1.8 mmt, an increase of 13.9% y-o-y.
As the largest crude steel producers in Eastern Europe, Russia and the Ukraine posted crude steel production figures of 6.0 mmt and 3.5 mmt respectively, suggesting 9% and 14.1% increases over the same period last year.
Brazil produced 2.8 mmt of crude steel in August. This is 6.6% higher than for the same month in 2005.
In North America, Canada produced 1.3 mmt in August. This is an increase of 12.6% y-o-y. While the figure for North America is based on an estimate, crude steel production in North America does suggest a double digit growth of over 11%.
South Africa produced 0.811 mmt of crude steel in August. This is 5.3% higher than for the same month in 2005.
Source: IISI (20 September 2006)
http://www.worldsteel.org
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