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Global Accumulative Crude Steel Output in the First Eight Months up 21.9% YOY

By ChinaFastener Magazine , 2010-09-26 12:00:00

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According the statistics released by international iron and steel institute on 21st, Sep, 2010, the accumulative crude steel output of 66 steel making countries in August is increased by 4.2% YOY, coming to 11.2871 billion ton. The accumulative output in the first eight months of 2010 is 93.1984 billion tons, with 21.9% increase YOY.
 
In China, the crude steel output in August is 51.6 million ton, down 1.1% YOY, while the accumulative output in the first eight months is 42.5774 billion tons, up 15.3%.
 
In Japan, the crude steel output in August is 8.9 million tons, up 7.1% YOY, while the output of Korea is 4.5 million tons, up 6.4% YOY.
 
In European Area, the output of Germany is 3.5 million tons in August, up 17.1% YOY, while 1.1 million tons in Spain, up 0.2% YOY; Italy 1.1 million tons, up 45.5% YOY; Turkey 2.5 million tons, up 11.3% YOY.
 
In USA, the crude steel output in August in 6.9 million tons, up 23.7% YOY, while Brazil is 2.9 million tons, up 7.8% YOY.
 
The global crude steel output volume in August, 2010 is near the same as that in Aug, 2009. The outputs in China, Turkey and Iran are increased compared with the same period of 2008, while USA, Germany, Italy, Brazil and Japan have not recovered to the previous level before financial crisis.
 
The Percentage of Global crude steel capacity utilization in August fell from 73.1% in July to 74.4%, increased by 1.1 % YOY.

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