Iron and Steel

World Crude Steel Output Inch Up 2% in Jul’18

World Crude Steel Output Inch Up 2% in Jul’18
Mining News Pro - According to the recent data released by World Steel Association (WSA) total crude steel production of 66 steel manufacturing inch up by 2% on monthly basis in Jul’18 to 154.57 MnT against 152.211 MnT in Jun’18.
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According to Mining News Pro - According to the recent data released by World Steel Association (WSA) total crude steel production of 66 steel manufacturing inch up by 2% on monthly basis in Jul’18 to 154.57 MnT against 152.211 MnT in Jun’18.

Similarly on Y-o-Y basis world crude steel output increases by 6% in Jul’18 against 146.10 MnT in previous year.

During first seven months of CY18 (Jan-Jul) world crude steel output moved up by 5% to 1038 MnT which was 988 MnT in similar time frame of previous year.

SteelMint has analyzed world’s crude steel production numbers of major steel producing countries -

China’s crude steel output remain largely stable - China crude steel output remain largely stable at 81.24 MnT in Jul’18 which was 80.19 MnT in previous month.However on Y-o-Y basis the same jumped by 7.2% in Jul’18 against 75.75 MnT Jul’17.

India`s crude steel output move up by 3% M-o-M in Jul’18- As per WSA (World Steel Association) Indian crude steel output went up by 3% M-o-M basis to 9 MnT in Jul’18 which was 8.73 MnT in Jun’18.However on yearly basis Indian crude steel output jumped by 8% in Jul’18 against 8.33 MnT in Jul’17.

Japan’s crude steel output decline by 4% M-o-M in Jul’18 - Japan crude steel output decreases by 4% to 8.42 MnT in Jul’18 which was 8.75 MnT in Jun’18.Meanwhile on Y-o-Y basis nation’s crude steel output inch down by 2% as compared to 8.58 MnT in Jul’17.

United States crude steel output up by 3% M-o-M in Jul’18- USA crude steel output recorded the growth of 3% M-o-M in Jul’18 to 7.27 MnT as compared to 7.05 MnT in Jun’18.However on yearly basis it rises by 4.5% in Jul’18 against 6.96 MnT a year ago.

South Korea crude steel move up marginally by 1% M-o-M in Jul’18- South Korea`s crude steel production move up marginally by 1% M-o-M to 6.17 MnT in Jul’18 which was 6.11 MnT in Jun’18. Meanwhile on Y-o-Y basis the same remain largely stable at 6.17 MnT in Jul’18 and Jul’17.

Crude steel production of other top steel producing countries in month of Jul’18 is as follows Russia: 6.17 MnT Brazil: 3.022 MnT ,Turkey 3.26 MnT and Germany at 3.90 MnT.

Performance of major crude Steel producing nations in  Jul’18

Country

Jan-Jul`18

Jan-Jul`17

China

532.84

501.29

India

61.83

58.62

Japan

61.39

60.91

UnitedStates

49.33

47.63

Russia

42.09

41.18

SouthKorea

42.23

40.96

Germany

26.35

25.73

Turkey

22.15

21.55

Brazil

20.21

19.54



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