July 05, 2008

Global crude steel production in July up by 5.3% YoY

International Iron and Steel Institute reported that the total crude steel production in July 2007 for the 67 countries is 109.9 million tonnes up by 5.3% YoY as compared to July 2006. The global crude steel production in January to July 2007 is 703.482 million tonne up by 8.1% YoY.

The growth in crude steel production during April 2007 among regions was again led by Asia as usual

Region	Jul'06	Jul'07	Change	J-J'06	J-J'07	Change
Total	103338	109923	6.4%	703482	760680	8.1%
Asia	55206	61031	10.6%	368190	416841	13.2%
EU (27)	16533	16953	2.5%	100538	125251	24.6%
North America	11174	11267	0.8%	78511	75773	-3.5%
CIS (6)	10197	10560	3.6%	68776	72940	6.1%
South America	3999	3973	-0.7%	25710	27447	6.8%
Middle East	1235	1243	0.6%	8658	8789	1.5%
Oceania	741	726	-2.0%	5010	5063	1.1%

In ‘000 tonnes
Source IISI
EU figures are not comparable as the number of countries has changed

Among the top 20 nations, China as usual stood first with 41.500 million tonne production of crude steel registering tremendous growth of 13.2% YoY as compared to June 2006.

Rank	Country	Jul'06	Jul'07	Change	J-J'06	J-J'07	Change
1	China	36091	41252	14.3%	236623	278785	17.8%
2	Japan	9859	10009	1.5%	66840	69422	3.9%
3	US	8458	8400	-0.7%	59118	56939	-3.7%
4	Russia	5905	6210	5.2%	40828	42899	5.1%
5	South Korea	4026	4140	2.8%	27962	29800	6.6%
6	Germany	4000	3997	-0.1%	27324	28542	4.5%
7	India	3523	3850	9.3%	25098	26735	6.5%
8	Ukraine	3625	3590	-1.0%	23379	24924	6.6%
9	Brazil	2724	2869	5.3%	17203	19197	11.6%
10	Italy	2648	2650	0.1%	18816	19107	1.5%
11	Turkey	2056	2221	8.0%	13363	14859	11.2%
12	Taiwan	1707	1780	4.3%	11670	12097	3.7%
13	France	1687	1515	-10.2%	12327	12033	-2.4%
14	Spain	1344	1315	-2.2%	10680	11006	3.1%
15	Africa	1401	1557	11.1%	10311	10813	4.9%
16	Mexico	1270	1350	6.3%	9271	9790	5.6%
17	UK	1187	1190	0.3%	8336	8596	3.1%
18	Canada	1328	1420	6.9%	9330	8281	-11.2%
19	Poland	886	960	8.4%	5745	6463	12.5%
20	Belgium	984	770	-21.7%	6786	6164	-9.2%

In ‘000 tonnes
Source IISI

Please note:
1. Many figures are estimates due to the summer holidays in the Northern Hemisphere.
2. India continues to be at 7th spot, although Indian government has recently revised steel production figures for 2006 taking it to 6th spot.