December 03, 2008
Global crude steel production in February 2008 up by 5.3% YoY
World crude steel production for the 66 countries reporting to the International Iron and Steel Institute was 107 million tonnes in February 2008 up by 5.3% YoY as compared to February 2007.
As IISI’s recent release did not give J-F’07 revised figures all the YoY comparisons are made as per earlier figures of IISI, which undergo constant revisions
The growth in crude steel production during February 2007 among regions was again led by Asia as usual.
| Region | Feb'07 | Feb'08 | Change | J-F'07 | J-F'08 | Change |
| Total | 100575 | 106857 | 207727 | 219739 | 5.8% | |
| Asia | 54315 | 59182 | 9.0% | 112542 | 121155 | 7.7% |
| EU (27) | 16903 | 16592 | -1.8% | 34881 | 36564 | 4.8% |
| North America | 10346 | 10898 | 5.3% | 20817 | 22717 | 9.1% |
| CIS (6) | 9735 | 10158 | 4.3% | 20317 | 20946 | 3.1% |
| South America | 3644 | 3862 | 6.0% | 7437 | 8038 | 8.1% |
| Africa | 1398 | 1460 | 4.4% | 3032 | 2999 | -1.1% |
| Middle East | 1273 | 1306 | 2.6% | 2578 | 2631 | 2.1% |
| Oceania | 659 | 742 | 12.6% | 1381 | 1540 | 11.5% |
Source – IISI
However, the moving annual total growth rate in February 2008 slowed from a peak in March 2007 of 10.8% to 6.2%. World MAT growth rate excluding China slowed from a peak of 6.1% in April 2007 to 2.9% in February 2008, down from 3% last month.
Top 20 nations
| Rank | Country | Feb'07 | Feb'08 | Change | J-F'07 | J-F'08 | Change |
| 1 | China | 36135 | 38884 | 7.6% | 74254 | 79448 | 7.0% |
| 2 | Japan | 9206 | 9809 | 6.6% | 19270 | 20059 | 4.1% |
| 3 | US | 7634 | 8050 | 5.4% | 15177 | 16702 | 10.0% |
| 4 | Russia | 5727 | 6031 | 5.3% | 12043 | 12509 | 3.9% |
| 5 | India | 3666 | 4635 | 26.4% | 7543 | 9434 | 25.1% |
| 6 | S Korea | 3736 | 4300 | 15.1% | 8122 | 8940 | 10.1% |
| 7 | Germany | 3826 | 3774 | -1.4% | 8144 | 7889 | -3.1% |
| 8 | Ukraine | 3313 | 3490 | 5.3% | 6908 | 7132 | 3.2% |
| 9 | Brazil | 2507 | 2710 | 8.1% | 5210 | 5681 | 9.0% |
| 10 | Italy | 2672 | 2575 | -3.6% | 5345 | 5425 | 1.5% |
| 11 | Turkey | 1922 | 2223 | 15.7% | 3950 | 4468 | 13.1% |
| 12 | Taiwan | 1572 | 1555 | -1.1% | 3353 | 3275 | -2.3% |
| 13 | France | 1655 | 1596 | -3.6% | 3386 | 3206 | -5.3% |
| 14 | Mexico | 1360 | 1400 | 2.9% | 2825 | 2950 | 4.4% |
| 15 | Canada | 1253 | 1355 | 8.1% | 2619 | 2855 | 9.0% |
| 16 | Spain | 1382 | 1320 | -4.5% | 2803 | 2779 | -0.9% |
| 17 | UK | 1174 | 1102 | -6.1% | 2320 | 2289 | -1.3% |
| 18 | Belgium | 898 | 815 | -9.2% | 1922 | 1717 | -10.7% |
| 19 | Iran | 865 | 817 | -5.5% | 1717 | 1581 | -7.9% |
| 20 | Poland | 860 | 745 | -13.4% | 1767 | 1568 | -11.3% |
Source – IISI
