CimbriaPort of StocktonCleveland Cascades LtdTBA GroupPort of South LouisianaVigan
  • Port of South Louisiana
  • Vigan
  • Van Aalst
  • Coaltrans Asia 2021
  • Bühler GmbH
  • Port of Stockton

World steel production continues to rise

(Posted on 28/08/18)

World crude steel production for the 64 countries reporting to the World Steel Association (Worldsteel) was 154.6 million tonnes (Mt) in July 2018, a 5.8% increase compared to July 2017

Worldsteel is one of the largest and most dynamic industry associations in the world. Members represent approximately 85% of the world's steel production, including over 160 steel producers with 9 of the 10 largest steel companies, national and regional steel industry associations, and steel research institutes.

China’s crude steel production for July 2018 was 81.2 Mt, an increase of 7.2% compared to July 2017. Japan produced 8.4 Mt of crude steel in July 2018, down by 2.0% on July 2017. South Korea’s crude steel production was 6.2 Mt in July 2018, an increase of 0.1% on July 2017.

Production (Mt)Growth (% y-on-y)Crude steel productionWorldROWChinaWorld (%)ROW (%)China (%)Feb-17Mar-17Apr-17May-17Jun-17Jul-17Aug-17Sep-17Oct-17Nov-17Dec-17Jan-18Feb-18Mar-18Apr-18May-18Jun-18Jul-180501001502000481216worldsteel.orgMay-17● World : 145.2 Mt

Turkey’s crude steel production for July 2018 was 3.3 Mt, down by 2.3% on July 2017.

Crude steel production in Ukraine was 1.8 Mt this month, up 11.4% on July 2017.

The US produced 7.3 Mt of crude steel in July 2018, an increase of 4.5% compared to July 2017.

Brazil’s crude steel production for July 2018 was 3.0 Mt, up by 6.7% on July 2017.

The crude steel capacity utilisation ratio of the 64 countries in July 2018 was 77.5%. This is 3.8 percentage points higher than July 2017. Compared to June 2018, it is 1.4 percentage points lower.

The monthly crude steel capacity utilisation ratio is calculated based on crude steel production information available at worldsteel, and OECD capacity estimates.

Latest News

Rio Tinto deploys first fully autonomous water trucks

(Posted on 22/06/21)

Rio Tinto will deploy the world’s first fully autonomous water trucks at its $2.6 billion Gudai... Read more


BHP establishes new cloud agreements

(Posted on 18/06/21)

BHP has selected Amazon Web Services (AWS) and Microsoft as long-term cloud providers to help improve... Read more


Kamoa Copper signs off-take agreements

(Posted on 14/06/21)

New agreements will allow Kamoa Copper to export blister and concentrate copper locally through Lualaba... Read more


Trafigura releases strong half year results

(Posted on 14/06/21)

Trafigura Group Pte Ltd, one of the world’s leading independent commodity trading companies, has... Read more


World Steel in Figures 2021 now available

(Posted on 09/06/21)

The World Steel Association (worldsteel) has published the 2021 edition of World Steel in Figures. The... Read more


Hill Dickinson boosts Singapore expertise

(Posted on 09/06/21)

Hill Dickinson has further strengthened its leading commodities practice by hiring established professional... Read more


Ben Wyatt to join Rio Tinto Board

(Posted on 07/06/21)

Rio Tinto has appointed Ben Wyatt as a non-executive director. Mr Wyatt, an Australian citizen, will... Read more


Rio Tinto and Comptech partnership

(Posted on 31/05/21)

Rio Tinto and Comptech are partnering to bring a new generation of aluminium alloys to the market for... Read more


Time for change, say Canada’s grain farmers

(Posted on 26/05/21)

On welcome news of the Canadian Grain Commission’s fee reduction, effective August 1, 2021, Canada... Read more


Rusal plans for transformation

(Posted on 21/05/21)

Rusal, a leading aluminium producer, has announced that it is pursuing a demerger of its higher carbon... Read more


TOC EventsTelestackBühler GmbHCoaltrans Asia 2021Van AalstSailors Society
  • TMS Awards 2021
  • TBA Group
  • TOC Events
  • Cleveland Cascades Ltd
  • Telestack

Subscribe to our newsletter

Keep up to date with the latest global news in bulk cargo handling and shipping