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Steel News August 26, 2015 02:30:11 AM

Oceania crude steel output posts marginal drop in July

Paul Ploumis
ScrapMonster Author
The crude steel production by Oceania region declined marginally during July this year.

Oceania crude steel output posts marginal drop in July

CANBERRA (Scrap Monster): According to latest data published by World Steel Association, the crude steel production by Oceania region declined slightly by 1.6% during the month of July ’15 year-on-year. The total output by the region dropped from 514,000 tonnes in July last year to 505,000 tonnes during July ’15.

The total crude steel production by Australia during July this year was 442,000 tonnes, marginally higher by 1.3% when compared with the production of 436,000 tonnes during same month a year ago. New Zealand produced 63,000 tonnes of crude steel, considerably down by 18% when compared with the production of 77,000 tonnes achieved during July last year.

The total crude steel production by Australia during June this year was 408,000 tonnes, significantly higher by 7.1% when compared with the production of 381,000 tonnes during same month a year ago. New Zealand produced 75,000 tonnes of crude steel, marginally higher by 1.1% when compared with the production of 74,000 tonnes achieved during June last year.

However, the crude steel output by Oceania region was up 4.5% during the initial seven-month period of the year. The output totaled 3.336 million tonnes, when matched with the output of 3.192 million tonnes during the corresponding seven-month period in 2014.

The following table provides country-wise cumulative crude steel output for the first seven months in 2015 in comparison with those during same period in 2014.

Country

7 months (2015)

7 months (2014)

% Change

Australia

2,828

2,687

+5.2

New Zealand

508

504

+0.7

Note: Output in thousands of tonnes

 

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