Increased global steel production

World crude steel production stood at 133.742 million tonnes in July this year, an increase of 1.4 percent over the previous year. However, for seven months of 2016, Worldsteel recorded a decrease of 1.2 percent to 929.633 million tons.

Output The Commonwealth of Independent States (CIS) recorded a marginal surge of 2.8% during the month, in addition, over 7 months production increased by 1.1 percent to 59.956 million tons. Ukraine in both reporting periods showed growth. In July, production amounted to 2.065 million tons, and over 7 months - 14.477 million tons. This is due to the general increase in demand for ferrous metal products from Ukrainian producers throughout Ukraine, such as rebar, square, pipes, sheets, beams and channels on http://xn- -80aanveaduajlsj.org/shveller .


In Russia, production increased by 0.9 percent in July, while almost the same decline has been recorded in seven months. Production volumes amount to 6.131 million tons and 41.398 million tons, respectively. In the United States, the decline in July was 2.2 percent to 6.877 million tons, and from the beginning of the year by 0.2 percent to 46.932 million tons. Brazil produced 2.705 million tons in July, a decrease of 6 percent, and 17.572 million tons from the beginning of the year, a decrease of 12 percent.

European Union steel production was 12.986 million tonnes in July and 95.752 million tonnes in seven months, in both cases, a decrease of 4.6 percent and 5.8 percent, respectively. The EU's largest producer, Germany, smelted 3.393 million tonnes of steel in July and 25.252 million tonnes over seven months, reducing output by 6.1 and 2 percent, respectively. French volumes amount to 1.15 and 8.375 million tons, respectively, with a decrease of 4.7 and 10.6 percent. Italian production in July amounted to 2.05 million tons of steel, and over seven months 14.178 million tons, an increase of 6.2 and 3.9 percent.


China in July increased production by 2.6 percent to 66.807 million tons, and since the beginning of the year recorded a decline of 0.5 percent to 466.516 million tons. Japan and South Korea found themselves in a similar situation. In July, Japan produced 8.886 million tons, an increase of 0.5 percent, and since the beginning of the year, 60.935 million tons, a decrease of 0.8 percent. South Korea, respectively, smelted 6.009 million tons, an increase of 1.5 percent, and 39.368 million tons, a decrease of 2.7 percent. In India, growth in July was 8.1 percent to 8.082 million tons, and for seven months by 4.8 percent to 54.958 million tons.

The capacity utilization rate declined by 3.7 percent year on year, reaching 68.3 percent in July.