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Global steel capacity utilisation ratio fell in July

Source: Engineering News Date: 22 August 2010

Global crude steel output for the 64 countries reporting to the World Steel Association (worldsteel) was 127-million tons in July, or 11.5% higher than July 2010, and more or less in line with the 128-million tons produced in June.

But capacity utilisation of 79.7% was 3.4 percentage points lower than the same ratio recorded in June. When compared with July 2010, the ratio increased by 4.9 percentage points. The association calculates the capacity utilisation using publically available crude steel production and capacity information.

South Africa’s output was estimated by worldsteel to have slumped to 570 000 t during the month, which was 4.6% lower than the 597 000 t produced in the same month last year.

China’s crude steel output for July rose 15.5% year-on-year to 59.3-million tons, while South Korea’s production was 5.7-million tons, or a 21.7% rise on the figures reported in July 2010. But Japan produced 9.1-million tons, which was 1.2% lower year-on-year.

Germany’s output increased by 5.7% in July to 3.7-million tons, while worldsteel reported that the UK’s output rose 7.5% to 800 000 t and that Turkey produced 2.9-million tons during the month, an increase of 19.3% year on year.

However, Spain’s crude steel production was 1-million tons, a contraction of 1.9% when compared with July 2010.

The US produced 7.5-million tons and Brazil 3.1-million tons, year-on-year increases of 10.2% and 8.2% respectively.

Global crude steel output for the 64 countries reporting to the World Steel Association (worldsteel) was 127-million tons in July, or 11.5% higher than July 2010, and more or less in line with the 128-million tons produced in June.

But capacity utilisation of 79.7% was 3.4 percentage points lower than the same ratio recorded in June. When compared with July 2010, the ratio increased by 4.9 percentage points. The association calculates the capacity utilisation using publically available crude steel production and capacity information.

South Africa’s output was estimated by worldsteel to have slumped to 570 000 t during the month, which was 4.6% lower than the 597 000 t produced in the same month last year.

China’s crude steel output for July rose 15.5% year-on-year to 59.3-million tons, while South Korea’s production was 5.7-million tons, or a 21.7% rise on the figures reported in July 2010. But Japan produced 9.1-million tons, which was 1.2% lower year-on-year.

Germany’s output increased by 5.7% in July to 3.7-million tons, while worldsteel reported that the UK’s output rose 7.5% to 800 000 t and that Turkey produced 2.9-million tons during the month, an increase of 19.3% year on year.

However, Spain’s crude steel production was 1-million tons, a contraction of 1.9% when compared with July 2010.

The US produced 7.5-million tons and Brazil 3.1-million tons, year-on-year increases of 10.2% and 8.2% respectively.

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