Posted on 29 July 2020

 

Source: Scrap Monster

The crude steel output by world countries reporting to the World Steel Association (worldsteel) dropped substantially during the month of June this year. The monthly production data suggests that output by the 64 countries reporting to the association has plunged heavily by nearly 7% over the previous year. These countries had accounted for almost 99% of the total world crude steel production in 2019.

The world crude steel production totalled 148.295 million tonnes (Mt) in June 2020, as compared with the output of 159.541 Mt in the same month a year before.

The Chinese crude steel production managed to record modest jump in output, while all other major producing countries witnessed sharp dip in output. The country, whose output totalled 91.579 Mt, accounted for almost 62% of the global steel production.

The table below provides the crude steel production data for the top ten producing nations in the month of June this year:

Rank	Country	Output
1	China	91,579
2	India	6,917
3	Russia	5,600
4	Japan	5,598
5	U.S.	4,746
6	Turkey	2,799
7	Germany	2,475
8	Iran	2,425
9	Brazil	2,100
10	Vietnam	1,922

Note: The above outputs are in thousand tonnes.

The region-wise steel output during the month is listed out in the below table.

Region	Output
EU-28	10,156
Other Europe	3,014
C.I.S	7,949
North America	6,651
South America	2,561
Africa	875
Middle East	3,264
Asia	113,297
Oceania	528

Note: The above outputs are in thousand tonnes. 

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