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Steel News April 23, 2014 01:30:11 AM

World crude steel production grew 2.7% in March '14

Paul Ploumis
ScrapMonster Author
According to the recent data published by the World Steel Association, the crude steel production for 65 member countries was 141.335 million tonnes (Mt) in March this year

World crude steel production grew 2.7% in March '14

BRUSSELS (Scrap Monster) : According to the recent data published by the World Steel Association, the crude steel production for 65 member countries was 141.335 million tonnes (Mt) in March this year, 2.7% higher than the production during same month the previous year.

The total crude steel production by EU-28 countries during March this year was 15.387 Million tonnes (Mt), higher than the March 2013 production of 14.413 Mt by 6.8%. Other European countries produced 3.052 Million tonnes of crude steel, lower by 1.2% when compared to 3.090 Million tonnes production achieved during March 2013. The CIS countries’ crude steel production dropped by 1.8% from 9.410 Mt to 9.243 Mt. The total crude steel production by North America was up by 1.7% from 10.160 Mt in March 2013 to 10.329 Mt in March this year.

The total crude steel production by South America during March this year remained flat at 3.859 Mt. African countries produced 1.331 Million tonnes of crude steel, significantly higher by 9.2% when compared to 1.219 Million tonnes production achieved during March 2013. The total crude steel production by the Middle East countries during March this year was 2.339 Million tonnes(Mt), higher by 9.5% when compared with the March 2013 output of 2.135 Mt. The Asian countries’ crude steel production too increased by 2.6% from 92.901 Mt to 95.306 Mt. The total crude steel production by Oceania region rose 5.1% from 0.465 Mt in March 2013 to 0.489 Mt in March this year.

The following table provides cumulative crude steel output for the first three months in 2014 in comparison with those during same period in 2013.

Region

3 months (2014)

3 months (2013)

% Change

EU-28

43,831

41,074

+6.7

Other Europe

9,017

8,814

+2.3

CIS(6)

26,315

27,064

-2.8

N.America

29,919

29,669

+0.8

S.America

10,918

10,962

-0.4

Africa

3,822

3,742

+2.1

Middle East

6,497

6,167

+5.4

Asia

273,984

266,977

+2.6

Oceania

1,374

1,415

-2.9

Note: The above outputs are in thousands of tonnes.

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