Crude steel capacity utilization ratio was 69.6% in November 2016
World crude steel production for the 66 countries reporting to the World Steel Association (worldsteel) was 132.4 million tonnes (mt) in November 2016, 5.0% up on November 2015.China's crude steel production for November 2016 was 66.3 mt, an increase of 5.0% compared to November 2015. Elsewhere in Asia, Japan produced 8.6 mt of crude steel in November 2016, a decrease of -1.4% compared to November 2015.
In the EU, Germany produced 3.3 mt of crude steel in November 2016, a decrease of -4.2% compared to November 2015. Italy produced 2.1 mt of crude steel, up by 11.2% on November 2015. France produced 1.3 mt of crude steel in November 2016, up by 11.8% year-on-year.
Turkey's crude steel production for November 2016 was 2.9 mt, up by 10.4% on November 2015.
In November 2016, Russia produced 6.0 mt of crude steel, up by 5.0% on November 2015. Ukraine produced 2.0 mt of crude steel, up by 3.1% compared to the same month in 2015.
The United States produced 6.2 mt of crude steel in November 2016, an increase of 6.8% compared to November 2015.
More From This Section
Brazil's crude steel production for November 2016 was 2.4 mt, down by 4.8% on November 2015.
The crude steel capacity utilisation ratio of the 66 countries in November 2016 was 69.6%. It was 67.1% in November 2015. The November 2016 capacity utilisation ratio is 0.1 percentage point lower than the October 2016 ratio.
Powered by Capital Market - Live News
Disclaimer: No Business Standard Journalist was involved in creation of this content