August 2011 Crude Steel Production

20 Sep 2011 Brussels - World crude steel production for the 64 countries reporting to the World Steel Association (worldsteel) was 125 million metric tons (mmt) in August 2011. This is 9.8% higher than August 2010. Chinas crude steel production for August 2011 was 58.8 mmt, an increase of 13.8% compared to August 2010. Elsewhere in Asia, Japan produced 8.9 mmt of crude steel in August 2011, a slight increase of 0.1% compared to the same month last year. South Koreas crude steel production for August 2011 was 5.5 mmt, 19.3% up compared to August 2010.

In

the EU, Germanys crude steel production for August 2011 was 3.6 mmt, an increase of 5.3% on August 2010. Italy produced 1.4 mmt of crude steel in August 2011, 25.6% higher than August 2010. Spains crude steel production for August 2011 was 1.1 mmt, down -7.6% on August 2010. France produced 1.0 mmt of crude steel in August 2011, an increase of 19.7% compared to August 2010. Turkey produced 2.8 mmt of crude steel in August 2011, 7.8% higher than August 2010. The US produced 7.5 mmt of crude steel in August 2011, an increase of 13.8% compared to August 2010. Brazilian crude steel production for August 2011 was 3.0 mmt, 1.5% higher than August 2010. The world crude steel capacity utilisation ratio of the 64 countries in August 2011 was 77.5%, 2.1 percentage points lower than in July 2011. Compared to August 2010, the utilisation ratio in August 2011 increased by 3.5 percentage points.

Ends # Notes to Editors:

The monthly crude steel capacity utilisation ratio is calculated based on crude steel production and capacity information available at worldsteel. The capacity information is based on publicly-available data, updated twice a year and verified through worldsteels membership. The World Steel Association (worldsteel) is one of the largest and most dynamic industry associations in the world. worldsteel represents approximately 170 steel producers (including 18 of the world's 20 largest steel companies), national and regional steel industry associations, and steel research institutes. worldsteel members produce

around 85% of the world's steel.

Media enquiries Nicholas Walters media@worldsteel.org T: +32 2 708 8184 M: +44 7900 824 444 2011 08 production figures.pdf Back to list Soo Jung Kim media@worldsteel.org T: +32 2 702 8927 M: +32 475 493 779