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SA steel output down in May, global production up 2.6%

Source: Engineering News Date: 21 June 2013

South Africa’s steel production fell by 7.6% year-on-year in May, according to data released by the World Steel Association (worldsteel) on Thursday.

The country’s steel production is estimated to have dropped to 570 000 t, from 617 000 t in May 2012. Steel output is down nearly 23% on the 739 000 t produced in May 2011.

Global crude steel output for May was 136-million tons, an increase of 2.6% on the same month last year, with China accounting for 67-million tons, or nearly 50% of the global production.

China, India and Japan lifted their steel production, reporting year-on-year increases of 7.3%, 1.5% and 4.3%, respectively. South Korea recorded a 7.1% decline to 5.5-million tons.

In the European Union, steel production slumped by 4.7% between May 2012 and May 2013, with big producers such as Germany, France and Italy all producing less. Germany’s production declined by 1.5% to 3.65-million tons, Italy’s production fell by 11.1% to 2.32-million tons and France’s output dropped by 3.5% to 1.42-million tons.

Turkey’s crude steel production for May was three-million tons, a 2% decline compared with May last year. Russia’s output increased slightly by 0.2% to 6.1-million tons.

In the US, production dropped by 4.9% in May to 7.5-million tons.

Brazil increased its output by 5.5% to 3.01-million tons.

Worldsteel said the crude steel capacity utilisation ratio for its 63 member countries remained nearly unchanged at 79.6%, compared with 80% in April this year.

South Africa’s steel production fell by 7.6% year-on-year in May, according to data released by the World Steel Association (worldsteel) on Thursday.

The country’s steel production is estimated to have dropped to 570 000 t, from 617 000 t in May 2012. Steel output is down nearly 23% on the 739 000 t produced in May 2011.

Global crude steel output for May was 136-million tons, an increase of 2.6% on the same month last year, with China accounting for 67-million tons, or nearly 50% of the global production.

China, India and Japan lifted their steel production, reporting year-on-year increases of 7.3%, 1.5% and 4.3%, respectively. South Korea recorded a 7.1% decline to 5.5-million tons.

In the European Union, steel production slumped by 4.7% between May 2012 and May 2013, with big producers such as Germany, France and Italy all producing less. Germany’s production declined by 1.5% to 3.65-million tons, Italy’s production fell by 11.1% to 2.32-million tons and France’s output dropped by 3.5% to 1.42-million tons.

Turkey’s crude steel production for May was three-million tons, a 2% decline compared with May last year. Russia’s output increased slightly by 0.2% to 6.1-million tons.

In the US, production dropped by 4.9% in May to 7.5-million tons.

Brazil increased its output by 5.5% to 3.01-million tons.

Worldsteel said the crude steel capacity utilisation ratio for its 63 member countries remained nearly unchanged at 79.6%, compared with 80% in April this year.

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