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Kallanish Steel Weekly: Global crude steel output continues to rise (May 2, 2018)

The World Steel Association (worldsteel) says that global crude steel output from its 67 reporting countries was 148.3 million tonnes in March 2018, up 4% year-on-year. Capacity utilisation also rose on-year again during the month.

China produced 74mt in the month, an increase of 4.5% on March 2017 and just about half of the world’s crude steel output.

In the EU28 total March crude steel production was practically static, rising by just 0.5% y-on-y to 15.1mt. Estimated output in Germany hardly moved y-on-y at 3.9mt. Monthly production grew y-on-y in Italy by 1.0% to 2.3mt. French crude steel output rose on-year in March by 1.5% to 1.4mt. Spanish output was down by -4.1% to 1.3mt.

US crude steel output was 7.3mt in March 2018, an on-year increase of 5.3% whilst in Brazil crude steel production was 3.1mt, up by 7.6% on March 2017.