steel production report june

Monthly World Steel Production Report October 2014

World Steel Production Report

ISSB Monthly World Steel Production Review

WORLD STEEL REVIEW, October 2014

Crude steel production in August was estimated to be 135 million tonnes, according to the 65 countries reporting to the World Steel Association, an increase of 1.4% over August 2013. The total for the first eight months of 2014 was 1096 thousand tonnes, 2.4% up on the same period in 2013. However, excluding China, the August total rose by 1.8%, and the year to date total was up by 2.3%.

In the European Union crude steel production for the 28 member states rose by 0.4% in August compared to August 2013 to just over 12 million tonnes, while the eight months total increased by 3.4% to 113 million tonnes. German crude steel production fell by 1% in August, while the January to August total was up by 3.3% to 29 million tonnes compared to the same period the previous year. Italian production fell by 0.8% in August, while the year to date total rose by 2.6% to over 16 million tonnes. Production in France, on the other hand, dropped by 9% in August, although the eight months total increased by 2.6% to 10.8 million tonnes. Spanish production only fell by 0.4% in August, while the year to date total rose by 2.1% to 9.6 million tonnes. The United Kingdom showed an increase in steel production in August of 11.7%, with the eight months total up by 6.8% to 8.2 million tonnes.

In the rest of Europe Turkey’s crude steel production was 2.9 million tonnes in August, an increase of 13.9%. However, the year to date production only increased by 0.7% to 22.8 million tonnes. Steel production in Bosnia rose by 10.2% in the eight months to 547 thousand tonnes, ahead of the Norwegian total of 380 thousand tonnes, which was a rise of just 0.7% on 2013. Serbia’s eight month total rose by 52% to 333 thousand tonnes.

According to ACEA, the European Car Manufacturers Association, passenger car registrations in Europe rose by 1.8% in August, while the eight months total increased by 5.8% compared to 2013. In Germany registrations fell by 0.4% in August, but were 2.6% up in the year to date to just over 2 million cars. In the United Kingdom, August registrations increased by 9.4%, while the year to date total was up 10.1% to over 1.5 million cars. In France, however, the August total fell by 2.6%, while the eight months total rose by 1.6% to 1.19 million cars. Italian registrations showed a slight fall in August, with the year to date total increasing by 3.5% to 925 thousand cars. The Spanish August total jumped by 13.7%, while the eight months total increased by 16.4% to 584 thousand cars.

In the CIS countries Russian steel production increased by 5.8% in August, bringing the eight months total to 47.5 million tonnes, 2.8% higher than the 2013 total. In the Ukraine, on the other hand, crude steel production fell by 37% in August, while the year to date was down by 11.4% to 19.7 million tonnes. Production in Kazakhstan increased by 16.6% in the eight months to 2.4 million tonnes.

Russian exports of steel reached 2.6 million tonnes in June 2014, the highest monthly total since June 2012 and 21% above the June 2013 total. Half of the exports in June were billets and slabs of which 61% were low carbon slabs and a further 21% were low carbon billets. The largest markets for semis in June 2014 were Turkey, Taiwan and Mexico. Looking at the first six months of 2014, exports of all steel products were over 12.8 million tonnes, 6% higher than in 2013. Turkey and Taiwan were by far the largest markets followed by the USA and Mexico.

On the North American continent crude steel production in the USA rose by 2.9% in August bringing the year to date total up 1.7% to 59 million tonnes. Canadian August steel production increased by 7.1%, with the eight months total increasing by 2.3% to 8.5 million tonnes. Mexican production, however, fell by 4.5% in August, bringing the year to date total to 12.8 million tonnes, 5.7% up on 2013.

US imports of steel in July were 3.6 million tonnes, taking the first seven months to 23.3 million tonnes, 35% above the same period in 2013. Almost one quarter of the total imports in 2014 were billets and slabs with hot rolled wide strip 13% of the total at just over 3 million tonnes and welded tubes 12.5% at just under 3 million tonnes. Canada remained the largest supplier of steel to the USA in 2014 at 3.3 million tonnes with South Korea second at 2.9 million tonnes. Brazil, Russia and Mexico were the next three largest suppliers of steel. Although North and South America was the largest regional supplier of steel to the USA at just over 8 million tonnes, Asian countries exported 7.7 million tonnes of steel, 33% of the total in 2014. US imports of steel in August dropped by 5% from the July total according to the American Institute for International Steel.

In South America, Brazilian crude steel production in August decreased by 1.4%, while the eight months total fell by 0.9% to 22.6 million tonnes. Argentinian steel production was down by 2.4% in August, but the year to date total increased by 8.9% to 3.6 million tonnes. In Venezuela August production rose by 5%, although the eight months total dropped by 21.7% to 1.3 million tonnes. The Peruvian eight months total rose by 8.4% to 767 thousand tonnes, while in Chile the total fell by 16.3% to763 thousand tonnes. The Colombian year to date total was down 0.7% to 822 thousand tonnes.

Production in Iran rose by 3.1% in August, bringing the eight months total up by 6.9% to 10.6 million tonnes, only just below the French total. South African production, however, fell by 1.5% in August making the year to date total nearly 4.8 million tonnes, an increase of just 0.2%. In Egypt, on the other hand, steel production jumped by 43% in August, while the eight months total was up by 14% to 5 million tonnes, ahead of both Belgium and the Netherlands. Steel production in Saudi Arabia rose by 17.2% in August, while the year to date total increased by 13.4% to 4.2 million tonnes.

Among the key Asian countries Chinese crude steel production increased by just 1% to almost 69 million tonnes in August, bringing the year to date total up 2.6% to 550 million tonnes, 50% of the world total. Indian steel production rose by 5.2% in August, and by 1.8% to over 55 million tonnes in the eight months. Japan’s steel production increased by 2.2% in August, while the eight months total was up by just 1% at 74 million tonnes. South Korean production, however, increased by 8% in August, and by 8.6% in the year to date to 47.3 million tonnes. Taiwanese steel production, on the other hand, fell by 1.8% in the month and by 0.4% in the year to date to 15 million tonnes.

(Bron/Source) Phil Hunt
ISSB Ltd

steel production report june

Montly World Steel Production Report September 2014

World Steel Production Report

ISSB Monthly World Steel Production Review

WORLD STEEL REVIEW, September 2014

Production of crude steel in July for the 65 countries reporting to the World Steel Association was estimated to be 137 million tonnes, an increase of 1.7% over July 2013. The total for the first seven months of 2014, however, showed a rise of 2.4% to nearly 960 million tonnes. If China is excluded from the total, the total for July rose by 1.9% with the year to date total up by 2.2%.

In the European Union 28, crude steel production fell by 2% in July to 13.3 million tonnes compared to July 2013, although the seven months total increased by 3% to nearly 101 million tonnes. German crude steel production increased by 1.5% in July, bringing the year to date total up 3.9% to 26 million tonnes. Italy’s steel production fell by 3.6% in July, while the seven months total rose by 2.1% to 15 million tonnes. France is the third largest steel producer in the EU and production rose by 1.6% in July, while the year to date total increased by 3.2% to 9.7 million tonnes. Spanish production was 5.9% up in July, while the seven months total increased by just 1.6% to 8.5 million tonnes. UK steel production, on the other hand, fell by 4.4% in July, while the year to date total was 5.9% higher at 7.1 million tonnes.

In the rest of Europe, Turkey’s steel production rose by 1% in July, bringing the year to date total down by 0.9% to 19.9 million tonnes. Bosnia’s seven months total increased by 10% to 482 thousand tonnes, while Serbia’s total increased by 60% to 274 thousand tonnes. The Norwegian total rose by 1.9% to 328 thousand tonnes.

In the CIS countries Russian production jumped by 8.1% in July, bringing the year to date total to 41.5 million tonnes, 2.7% up on the previous year. Ukrainian crude steel production, however, decreased by 11.7% in July, while the year to date total fell by 7.6% to 18 million tonnes. Kazakhstan’s seven month total showed a rise of 15.6% in production to nearly 2.1 million tonnes, while in Belarus the year to date total dropped by 9.5% to 1.4 million tonnes.

On the North American continent US crude steel production rose by 2.3% in July to 7.6 million tonnes, while the seven months total increased by 1.3% to 51.2 million tonnes. Canadian monthly production rose by 5.7%, with the year to date total flat at 7.2 million tonnes. Crude steel production in Mexico, however, decreased by 0.2% in July, making the year to date total 8% higher at 11.3 million tonnes compared to the first seven months of 2013.

In South America Brazilian steel production was just 0.5% higher in July, while the year to date total was 1.1% down at 19.7 million tonnes. Production in Argentina, on the other hand, rose by 3.3% in July, and the seven months total was 10.7% up at 3.2 million tonnes. Venezuelan steel production was 11.3% higher in the month, although the year to date total was 25% down at 1.1 million tonnes. Chile’s seven months total declined by 17% to 663 thousand tonnes with Colombia down 2.1% at 712 thousand tonnes. The Peruvian seven months total, however, was 7.7% up at 662 thousand tonnes.

Turning to Africa and the Middle East, Iranian production rose by 11.4% in July, bringing the year to date total up 9.3% to 9.5 million tonnes. South African production, however, decreased by 1.5% in July, although the seven months total was 0.4% up at 4.2 million tonnes. Egypt’s July total jumped by 44%, bringing the seven months total up by 10% to 4.2 million tonnes. Saudi Arabian year to date production increased by 12.3% to 3.6 million tonnes.

Crude steel production in China increased by 1.5% in July to 68 million tonnes, bringing the year to date total up by 2.7% to 481 million tonnes, 50% of world steel production. Japanese steel production was flat in the month, but up by just 0.8% in the first seven months to 64.5 million tonnes. In India production increased by 1.7% in July, and by 1.4% in the year to date to 48.2 million tonnes. South Korean steel production, however, rose by 6.2% in July, with the seven months total up 8.7% to 42 million tonnes. Taiwanese crude steel production increased by 3.5% in July, but fell by 0.4% in the year to date to 13 million tonnes.

India is the fourth largest steel producing country in the world with exports of 10.1 million tonnes in 2013 and imports of 7.4 million tonnes. Steel exports in the first five months of 2014 were 9.6% up on 2013 at 4.3 million tonnes, while imports were 22% down in the five months to May. However, the tonnage imported in May was nearly 708 thousand tonnes, 36% above May 2013 and the highest monthly total since March 2013.

Flat products accounted for almost 80% of Indian imports in 2014 with HR wide strip and CR the largest imports at 21.5% and 20% of the total all steel respectively. 80% of India’s steel imports in May 2014 came from other Asian countries with a further 9.3% from the European Union. China alone accounted for 39% of India’s imports in May followed by South Korea and Japan. Outside of Asia the largest single supplier of steel to India in May was the Ukraine.

Chinese exports of steel reached almost 8 million tonnes in July 2014, 57% above July 2013 and the highest monthly total since August 2008. Exports of flat products were 49% of the total in July and long products were 39% of the total. 1.5 million tonnes of hot rolled bars and flats were exported in July and just under 1.5 million tonnes of coated sheet and strip was exported. Hot rolled wide strip exports were 1.1 million tonnes and rods and bars in coil were almost 900 thousand tonnes. The exports of seamless and welded tubes and pipes were 915 thousand tonnes in July.

Over 400 million tonnes of steel is traded annually and the largest product group is coated sheet and strip at 53.6 million tonnes in 2013. Close behind that is carbon hot rolled wide strip at 53.2 million tonnes followed by carbon semis at almost 50 million tonnes. CR was the fourth largest product group at 24.6 million tonnes and welded tubes and pipes came next at 23.8 million tonnes. The largest single product traded in 2013 was low carbon slabs at 26.7 million tonnes followed by hot dipped galvanised sheet at 25.7 million tonnes.

The total stainless steel traded in 2013 was 18 million tonnes, mostly cold rolled flat and hot rolled flat products. China was the largest exporter of stainless steel accounting for 15% of the world total, followed by Belgium, Italy and South Korea. Alloy steel traded totalled nearly 65 million tonnes with bars and rods the two largest product groups. China accounted for 47% of the world total with Japan at 11% followed by Germany, France and South Korea.

 

(Bron/Source) Phil Hunt
ISSB Ltd

steel production report june

Montly World Steel Production Report July 2014

WORLD STEEL REVIEW, July 2014

Production of crude steel for the 65 countries reporting to the World Steel Association in May was estimated to be 141 million tonnes. This was 2.2% higher than in May 2013, and the year to date was 2.4% higher than the total for the same period in 2013 at 684 million tonnes. Excluding China, however, the May total was 1.9% higher than May 2013 and the 5 months total was 2.1% up on 2013. China accounted for 50% of world steel production in the first five months of 2014.

In the European Union crude steel production for the 28 rose by 2.7% in May to 15 million tonnes, compared to May 2013. This brought the five months year to date total up by 4.6% to 73 million tonnes. German steel production rose by 7.3% in May, bringing the year to date total to 19 million tonnes, 4 9% higher than the previous year. Italian steel production, however, fell by 0.8% in May, but increased by 4.3% in the five months to 10.9 million tonnes. French production decreased by 4% in May, while the year to date total rose by 3.9% to 6.9 million tonnes. On the other hand Spanish production was down by 2.9% in May, and the year to date total was down by 0.5% to 6.2 million tonnes. In the United Kingdom steel production increased by 2.4% in May, but was 9.7% up in the five months to 5.1 million tonnes.

While steel exports by the EU28 to non EU countries were down by 3.9% in Q1 2014 compared to Q1 2013, steel imports were up by 3.2%. However, there were some notable variations from these averages. Italian exports rose by 13.8% to nearly 1.3 million tonnes in Q1 2014, due largely to a significant increase in exports to Algeria which is Italy’s largest customer by far. Also showing a significant rise in exports in Q1 was Spain, up by 11.3% to 1.2 million tonnes. This again is largely due to an increase in deliveries to Algeria which is also Spain’s largest customer. In contrast, German exports dropped by 22% to 1.4 million tonnes.

Steel imports by the EU28 rose by just 3.2% in Q1 2014, although in Italy, the largest steel importing country in the EU, imports fell by 9.5% to just under 1.9 million tonnes. Italy’s largest supplier of steel, the Ukraine, actually slightly increased its exports to Italy in Q1 to 564 thousand tonnes. However, imports from Russia dropped by 140 thousand tonnes to 304 thousand tonnes, a fall of some 31.5%. Imports from Turkey also showed a marked drop of 47% compared to Q1 2013, down to 137 thousand tonnes. Imports from India, however, increased by 48% to 171 thousand tonnes. The second largest importer of steel in the EU is Belgium where imports in Q1 rose by 13.5% to over 1.1 million tonnes. Belgium’s largest supplier was Russia from whom imports jumped by 42% to 556kt.

Turkish steel production fell by 0.7% to 3 million tonnes in May and by 2.2% to 14.1 million tonnes in the five months. Turkey is still the eighth largest steel producing country in the world ahead of Brazil and the Ukraine. Norwegian steel production was only 0.2% down in the year to date to 249 thousand tonnes, while in Bosnia steel production rose by 9.1% to 345 thousand tonnes. Serbia’s production in the five months almost tripled to 222 thousand tonnes compared to 2013.

According to ACEA, the European car manufacturers association, car registrations rose by 4.3% in May, and the five months total increased by 6.6%. German registrations were up by 5.2% in May, bringing the year to date total to 1.26 million cars, 3.4% above the 2012 total. UK car registrations were 7.7% up in May, and 11.6% up in the year to date to 1.06 million cars. Registrations in France rose by just 0.3% in May, and by 3% in the first five months to 763 thousand cars. In Italy, on the other hand, registrations decreased by 3.8% in May, bringing the year to date total to 629 thousand cars, an increase of 3.2%. The Spanish five months total jumped by 16.3% to 365 thousand cars.

Russian crude steel production was just under 6.1 million tonnes in May, more or less the same as in May 2013, while the year to date total was only very slightly higher at 29 million tonnes. Ukrainian monthly production, however, increased by 2.2%, bringing the five months total to 12.9 million tonnes, a drop of 7.1%. In Kazakhstan the year to date total was up by 14.5% to nearly 1.5 million tonnes.

On the North American continent US crude steel production rose by 1.4% in May and by 0.7% to 36.3 million tonnes in the year to date. Canadian steel production was 13.9% up in the month, but 1.5% down in the five months to 5.1 million tonnes. In comparison Mexican steel production increased by 5.9% in May, and by 7.6% in the year to date to over 8 million tonnes.

Crude steel production in the South American countries was down with Brazilian production down by 4.3% in May, and the year to date total 0.8% down to 14 million tonnes. Argentinian steel production, however, increased by 7.6% in the month, bringing the five months total to 2.2 million tonnes, a rise of 11.7%. In Venezuela the monthly total fell by 37%, while the year to date total was down by 33% to 697 thousand tonnes. Chilean year to date steel production fell by 9.8% to 490 thousand tonnes, while Colombian production was down by just 0.5% to 500 thousand tonnes. However, in Peru steel production rose by 4.5% to 454 thousand tonnes.

In Africa, South African steel production fell by 13.5% in May but was 2.9% up in the year to date to 3 million tonnes. Egyptian production, however, increased by 6.2% in May and by 0.5% in the five months to 2.8 million tonnes. In the Middle East, Iran showed a 3.3% increase in steel production in May with the year to date total up by 4.4% to 6.3 million tonnes. Saudi Arabian steel production, however, rose by 13.6% in the year to date to 2.6 million tonnes.

Turning to the Far East, Chinese steel production increased by 2.6% in May to 70 million tonnes, bringing the year to date total up 2.7% to 342.5 million tonnes, 50% of world production. Japan’s May production, however, fell by 0.3%, while the year to date total was 1.5% higher at 46 million tonnes. As the second largest steel producer in the world Japan accounted for only 6.7% of global production. Crude steel production in South Korea increased by 11.4% in the month, making 30 million tonnes in the five months, an increase of 8.7% on the previous year. India’s production increased by 1.6% in May, while the year to date total was up by 1.9% to 34.7 million tonnes. Taiwan’s monthly production, however, decreased by 3.9%, bringing the year to date total to 9.1 million tonnes, a drop of 2.8%.

Indian exports of steel in Q1 2014 were slightly above the same quarter in 2013 at 2.7 million tonnes, although this total was 21% higher than in Q1 2012. 29% of Indian exports in Q1 went to other Asian countries, although this total dropped by 15% to 794 thousand tonnes. The EU28 took 20.7% of total exports in Q1 2014. India’s largest market was the USA which took 336 thousand tonnes, followed by the United Arab Emirates which took 215 thousand tonnes.

Indian imports of steel in Q1 2014 fell by 39% to 1.5 million tonnes of which 72% came from other Asian countries. The EU28 supplied another 10.9% of the imports in Q1. South Korea was the largest supplier of steel to India followed by China.

(Bron/Source) Phil Hunt
ISSB Ltd

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steel production report june

Montly World Steel Production Report June 2014

World Steel Production Report

ISSB Monthly World Steel Production Review

WORLD STEEL REVIEW, June 2014    by Phil Hunt ISSB Ltd

Production of crude steel for the 65 countries reporting to the World Steel Association in April was estimated to be 136.6 million tonnes, an increase of just 1.7% over April 2013. The total of the 4 months to date was 543 million tonnes, 2.5% above the January to April total in 2013. Excluding China, which accounted for 50% of world production in the first four months of 2014, steel production rose by 1.3% in April and 2.4% in the four months. In the European Union 28, crude steel production increased by 4% in April to 14.6 million tonnes compared to April 2013, and by 6.2% in the 4 months to date to 58.5 million tonnes. Monthly production in Germany rose by 3.9% in April, and by 4.3% in the January to April period to 15 million tonnes. Italian crude steel production, however, decreased by 4% in April, but rose by 5.8% in the year to date to 8.7 million tonnes. Steel production in France jumped by 16% in the month, and by 6% in the four months to date to 5.5 million tonnes. Spanish production, on the other hand, was 3.1% down in April, although the year to date total was up 6.7% to 4.9 million tonnes. In the UK, steel production actually rose by 13.5% in April, while the 4 months total was 17.6% higher at 4.3 million tonnes. The Polish year to date total was 8% higher at 2.8 million tonnes.

In the rest of Europe Turkish production actually fell by 9.1% in April and by 2.7% in the four months to 11.1 million tonnes. The four months total for Norway was 195 thousand tonnes, 3.8% down on the previous year’s total, while in Bosnia steel production was 10.2% up in the year to date at 275 thousand tonnes.

New car registrations in Europe rose by 4.2% in April compared to the previous April, according to ACEA, the European Car Manufacturers Association, while the four months total showed an increase of 7.1% to nearly 4.5 million cars. German registrations actually fell by 3.6% in April but rose by 2.9% in the year to date to 986 thousand cars. UK registrations increased by 8.2% in April, while the year to date total was 12.5% up at 865 thousand. French registrations rose by 5.8% in April and by 3.7% in the year to date to 614 thousand cars. Italian registrations were just 1.9% up in April and 5% up in the four months to 496 thousand cars. The Spanish automotive market jumped by 28.7% in the month, and by 16.2% in the January to April period to 282 thousand cars. These 5 countries accounted for 72% of the European market.

Crude steel production in the CIS countries fell by just 0.6% in April, although Russian production rose by 0.7%. Ukrainian steel production, however, fell by 4.5%. This brought the year to date total for the CIS down by 2.3% with Russia’s four month total flat at 22.9 million tonnes. Ukrainian steel production decreased by 8.9% in the year to date to 10.1 million tonnes. In Kazakhstan steel production increased by 14.4% in the four months to 1.1 million tonnes.

On the North American continent US steel production fell by 1.6% in April while remaining flat in the year to date at 28.7 million tonnes. However, imports of steel in April according to the American Institute for International Steel jumped to almost 3.5 million tonnes, which takes imports in the first four months to 12.5 million tonnes, 28% above the same period in 2013. In fact the April import total was the highest since October 2006. Mexican steel production increased by 12.1% in April, while the four months total increased by 8.2% to nearly 6.5 million tonnes. Canadian steel production showed a 2% increase in April, but was 4.8% down in the year to date, bringing the total to 4.1 million tonnes.

Crude steel production in South America declined by 4.6% in April with Brazilian production down 5.1%. The year to date South American total was 0.9% lower at 14.7 million tonnes, of which Brazil was 11.1 million tonnes, an increase of just 0.1% on 2013. Steel production in Argentina, however, rose by 13.3% in April, while the four months total was up 12.9% to 1.7 million tonnes. Venezuelan production, however, slumped by 43% in April, bringing the year to date total down 38% to 495 thousand tonnes. The Chilean four month total was 11.1% down at 399 thousand tonnes and Colombia’s total was 0.9% down at 387 thousand tonnes.

In Africa and the Middle East Iran’s production rose by 1.6% in April, while the year to date total was up by 4.7% to 5 million tonnes. South African steel production, however, decreased by 2.4% in April, but was 8.3% up in the four months to 2.4 million tonnes. Egyptian production fell by 0.8% in April, and was 8% down in the year to date to 2.1 million tonnes. Saudi Arabian steel production, however, was 10.7% up in April and 13.8% up in the four months to 2.1 million tonnes. The Qatar year to date total increased by 22.5% to 937 thousand tonnes.

Turning to the Far East, China’s steel production increased by 2.1% in April, bringing the four months total up 2.7% to 272 million tonnes. Japanese crude steel production actually fell in April by 2.5%, while the January to April total increased by 2% to 36.5 million tonnes. South Korean production rose by 10.8% in April with the year to date total up 7.6% to nearly 24 million tonnes. In India production rose by 5.3% in April, bringing the four months total to 27.8 million tonnes, an increase of 2.5% over 2013. Crude steel production in Taiwan, however, fell by 7.1% in April, and by 0.3% in the year to date to 7.4 million tonnes.

Chinese exports of steel jumped by 36% in April compared to April 2013 to almost 7.5 million tonnes, its highest level since August 2008. Hot rolled bar exports jumped by 60% to 1.2 million tonnes in April compared to the same month in 2013. Exports of hot rolled wide strip more than doubled to 1.1 million tonnes. Rods and bars in coil showed a 25% increase to 943 thousand tonnes compared to April 2013, while seamless and welded tube exports fell by 5.6% to 795 thousand tonnes.

Other Asian countries accounted for 4.4 million tonnes of China’s exports in April, 58.6% of the total, which was a 36% increase on April 2013. South Korea remains by far the largest market for China. North and South America together took nearly 1.2 million tonnes in April, 15.7% of the total, with the USA, Brazil and Chile the three largest markets. The European Union only accounted for 553 thousand tonnes, 7.4% of the total in April, with Belgium and Italy taking 45% of the EU total in April.

Phil Hunt
ISSB Ltd